Prepaid Cards

Afterpay, the buy now, pay later option from Block Inc., will soon test a new way to use the payment method at the point of sale with a Visa debit card. Meanwhile, rival BNPL provider Klarna AB is expanding the locations where consumers can use Klarna to make gift card …

PayPal Holdings Inc. said it is an official digital payments partner with U.K.-based soccer club Liverpool FC. Already an option in the club’s digital payments platforms, PayPal will be featured more prominently on checkout and payment screens in the club’s e-commerce and All Red services. All Red is a membership program …

Research released by processor FIS Inc. indicates almost 75% of consumers would be open to trying stablecoins if the digital currency were offered by their bank, whereas 3.6% profess comfort with unregulated providers. The research surveyed nearly 1,000 U.S. consumers. Digital financial-services platform SoFi Technologies Inc. has launched SoFi Crypto, a service allowing consumers …

E-commerce platform Miva Inc. launched MivaPay, developed with PayPal Holdings Inc., to make it easier for merchants to accept payments. Video-game commerce company Xsolla updated its Web Shop and Buy Button services. Payments provider Usio Inc. said it processed 16.2 million transactions in the third quarter, a record volume. Gaming payments specialist Pavilion Payments said Barton’s Club 93 …

PayPal Inc. has agreed to provide its artificial-intelligence technology to enable product discovery and payments for merchants using Wix.com Ltd.’s commerce platform. Payment card manufacturer CPI Card Group Inc. agreed to integrate into its prepaid card program the SafeToBuy technology from Australia-based prepaid card technology provider Karta. The technology embeds critical data in …

Zip Co. Ltd. said its payments services are available for U.S. merchants through checkout services managed by Stripe Inc., including Elements, Checkout, and Payment Links. Fintech Everyday People Financial Corp. has agreed to manage network-branded card and digital-wallet programs offered by XTM Inc., a provider of real-time payments and earned-wage access, in a deal …

Mastercard Inc. unveiled Merchant Cloud, a payments platform aimed at easing the way for businesses to conduct commerce globally while entering new markets and adopting new end-user technologies. Block Inc. said it will work with food-delivery service Grubhub to overhaul restaurants’ ordering systems by integrating with Square’s point-of-sale platform and adding Cash …

Advisory firm Deloitte issued a report that forecasts authorized push payment fraud in the United States could conservatively swell to $12.4 billion in losses or more aggressively to $18.2 billion by 2028 from the 2024 tally of $8.3 billion. Payroc World Access LLC has closed on its acquisition of BlueSnap Inc., a payments-orchestration and …

The Gift Card Fraud Prevention Alliance is launching a nationwide social-media campaign to combat gift card fraud this holiday shopping season. The campaign, which runs from Oct. 1 through Christmas Day, will deliver daily messages through the LinkedIn and Instagram platforms on the tactics criminals use to perpetrate gift card fraud …

Canadian fintech Zūm Rails early Thursday launched a reloadable prepaid card program on the Mastercard network for businesses in Canada, in which Zūm will serve as the card issuer. As the issuer, Zūm Rails says it can reduce by months the time it would take for businesses to launch such …