Digital Transactions Authoritative, insightful and timely information for payments professionals
- Some 79% of airline passengers globally use debit and credit cards for all or most airline travel, but digital wallets and instant payments are gaining ground, according to “Online Airline Booking Insights 2024,” a report from ResearchAndMarkets.com. Some 72% of passengers book most of their trips online.
- Nearly two-thirds of U.S. consumers plan to go into debt for holiday shopping this year, with spending driven by credit cards and buy now, pay later options, according to a study from Debt.com. The survey canvassed 1,000 U.S. citizens.
- Digital-currency technology provider AlphaPoint is supporting the launch of Wenia Card, a Mastercard-branded card that lets users spend cryptocurrency assets at any Mastercard-accepting merchant.
- Speculation that Elon Musk will incorporate a payment method into the social network X (formerly Twitter) has sent the Musk-promoted dogecoin digital currency soaring 87% in the past week to 42 cents, for a market cap of $61.6 billion.
- Amsterdam-based NORBr B.V., a provider of payment processing and orchestration for acquirers, raised 3 million euros ($3.16 million) in a funding round led by Alstin Capital.
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