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Samsung, Visa, and Axis Bank launch credit cards

News | Cards | 27 Sep 2022

Samsung has partnered with the India-based Axis Bank and global payments processor Visa to launch Samsung Axis Bank Credit Cards in India.

credit card, mobile banking, partnership, card scheme, fintech

Viva Wallet joins the CB ecosystem

News | Cards | 01 Sep 2022

European neobank Viva Wallet has enabled their French merchant network to accept CB payments currently made with 74 million CB cards.

partnership, card scheme, ecommerce, merchants

Global BNPL users to reach over 900 million by 2027, Juniper Research shows

News | Ecommerce | 09 Aug 2022

A new study from UK-based consultancy Juniper Research has predicted that BNPL (Buy Now, Pay Later) users will surpass 900 million globally by 2027.

BNPL, virtual card, ecommerce, inflation, card scheme

American Express launches Global Pay, a B2B payments solution

News | Online Payments | 03 Aug 2022

American Express has launched American Express Global Pay – a new digital solution that enables US businesses to make domestic and international business-to-business (B2B) payments.

card scheme, product launch, cross-border payments, B2B payments, SMEs

Superintendence imposes precautionary measures on Visa and Mastercard

News | Cards | 02 Aug 2022

Colombia-based Superintendence of Industry and Commerce has imposed precautionary measures on Visa and Mastercard, against the possible commission of restrictive practices of competition within the framework of the payment system in foreign trade.

regulation, card scheme, payments , trade finance, credit card

UnionPay expands Russian penetration through MKB and DOM.FR

News | Cards | 01 Aug 2022

Credit Bank of Moscow - MKB and Bank DOM.FR have announced that they are preparing to issue UnionPay cards starting with Q1 2023.

credit card, expansion, Issuer, financial sanctions, card scheme

Central Bank report: Russia issued a record number of cards after the exit of Visa and Mastercard

News | Cards | 21 Jul 2022

The Central Bank issued a statistical bulletin informing that the number of issued bank cards in Russia in the first quarter of 2022 increased by 12 million.

central bank, Russia Ukraine War, report, credit card, Issuer, card scheme, expansion

Enabling the next generation of urban mobility payments

Voice of the Industry | Online Payments | 13 Jul 2022

Embracing the next generation of urban mobility payments can help cities and public transit operators (PTOs) create more inclusive, sustainable, and efficient urban mobility experiences, says Fernando Souza, VP, Global Head of Transit and Travel Solutions at Cybersource.

Open Banking, local payment method, card scheme, cryptocurrency, crypto, contactless payments, online payments, mobile money, tokenization, ecommerce

Sberbank reuses bank card chips to fight shortage

News | Cards | 08 Jul 2022

Russia-based Sberbank has started removing chips from un-activated cards to combat shortage after European suppliers halted deliveries based on EU sanctions imposed on the country amid the ongoing Ukraine invasion.

Russia Ukraine War, financial sanctions, credit card, debit card, card scheme

Chip partners with TrueLayer to boost savings experience

News | Online Payments | 06 Jul 2022

Europe-based Open Banking platform TrueLayer has announced its collaboration with wealth-building app Chip to deliver enhanced customer experience through faster account payments.

online payments, payment processor, local payment method, card scheme, bank account, account-to-account payment, digital payments, investment

Barclaycard warns customers about contactless issues with their cards

News | Cards | 29 Jun 2022

Barclaycard customers have been warned about problems encountered during contactless usage of their cards.

credit card, contactless payments, card scheme, mobile banking

Marqeta expands its credit platform

News | Cards | 28 Jun 2022

Global modern card issuing platform Marqeta has expanded its credit platform by adding a new, intuitive dashboard and more than 40 credit APIs that will further help customers.

product launch, product upgrade, Issuer, credit card, API, card scheme

Visa, First Abu Dhabi Bank, DBWC launch She's Next initiative in UAE

News | Cards | 23 Jun 2022

Global digital payments processor and card scheme Visa has announced the launch of its first She’s Next initiative in UAE, aiming to economically empower local women entrepreneurs. 

partnership, SMEs, SME lending, card scheme, payment processor, funding

Vaultspay, Wibmo team to launch Pre-Paid Card Platform

News | Cards | 13 Jun 2022

UAE-based fintech VaultsPay has teamed with PayU-owned payment security provider Wibmo to launch a pre-paid card platform that aims to accelerate financial inclusion in the Middle East.

prepaid card, partnership, card scheme, fintech, PSP

The impact of the immediate inflationary pressures on European merchants

Voice of the Industry | Ecommerce | 10 Jun 2022

Martha Southall, Senior Economist at CMSPI, talks about inflationary pressures and rising card costs as European retailers feel the heat from inflation.


CMSPI, merchants, scheme fee, card scheme, SCA, 3-D Secure, BNPL, payment methods

Marqeta and Klarna join hands to build alternative credit card Klarna Card

News | Cards | 02 Jun 2022

Global card issuing platform Marqeta has announced it works closely with Sweden-based BNPL platform, Klarna, to power its new Klarna Card.

partnership, virtual card, credit card, BNPL, instalment payments, online payments, card scheme, Issuer

ACCC sues Mastercard for monopolising card payment market

News | Cards | 30 May 2022

The Australian Competition and Consumer Commission (ACCC) has announced it started legal proceedings against Mastercard Asia Pacific and Mastercard Australia for alleged anti-competitive conduct.

regulation, credit card, debit card, card scheme, payment processing, scheme fee, transactions , transaction monitoring, online payments

Marqeta report: 77% of Gen Z prefer mobile payments

News | Mobile Payments | 27 May 2022

Global card issuing platform Marqeta has released its 2022 ‘State of Consumer Money Movement’ report analysing consumer payments, banking, and shopping preferences, as well as digital adoption rate.

report, survey, mobile payments, contactless payments, cashless, card scheme, credit card, debit card, mobile money, digital wallet, e-wallet

Marqeta partners with Evolve Bank & Trust to expand programme managing capabilities

News | Cards | 19 May 2022

Global card issuing platform Marqeta has announced the addition of Evolve Bank & Trust as its latest bank partner to provide additional solutions for customers.

partnership, BaaS, compliance, settlement, online banking, digital onboarding, Open Banking, card scheme, Issuer

Paymob raises USD 50 mln in Series B funding round

News | Online Payments | 09 May 2022

Egypt-based omni-channel financial services platform Paymob has announced is raised USD 50 million in a Series B funding round led by Kora Capital, PayPal Ventures, and Clay Point.

funding, crowdfunding, payment gateway, online payments, contactless payments, BNPL, QR payments, Tap-to-Pay, POS, digital wallet, digitalisation, credit card, card scheme