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Mastercard Agrees to Acquire Minna And Partners With Amazon Payments Services

Mastercard Inc. announced early Tuesday it is acquiring Minna Technologies, a provider of subscription-management applications. Terms of the acquisition were not disclosed. The acquisition will enable consumers to more easily manage, renew, and cancel their subscriptions by providing them a single view of all their subscriptions within their banking apps …

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Amazon Gives Visa’s BNPL Offering A Huge Boost In Canada

Visa Installments, Visa Inc.’s buy now, pay later platform, received a huge lift Thursday with the announcement that Amazon.com will offer the payment option to Canadian consumers. The payment option, which is being marketed in Canada as “Installments enabled by Visa,” has until now been available only through 100 Canadian …

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Visa Joins the Amazon Partner Network As Fintechs Turn to the Cloud for Payments Acceptance

Visa Inc. said early Thursday it has joined a network of service providers maintained by Amazon.com Inc. The e-commerce giant’s AWS Partner Network will enable Visa to reach new clients for its payment services, particularly fintechs and independent software vendors (ISVs) accustomed to operating through cloud computing, Visa said. The …

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PayPal, Amazon, Apple, And Walmart Are Among the Big Winners in the Interchange Deal

The transaction-cost savings and tender steering provided for in the big interchange settlement reached earlier this week will be worth hundreds of millions of dollars annually for major merchants and the big mobile-wallet providers, according to estimates provided to Digital Transactions News by San Carlos, Calif.-based payments researcher Crone Consulting. …

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Amazon Adds BNPL in Mexico And Recruits SellersFi for Amazon Seller Financing

Amazon.com Inc. is offering buy now, pay later loans in Mexico through a partnership with Kueski Pay, a BNPL program in Mexico. Shoppers on Amazon Mexico can use Kueski Pay to pay for their purchases in four or 12 bi-weekly installments through a linked bank account or debit card, or …

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Amazon Drops Venmo Only a Year After Adding It As a Payment Method

Amazon.com will stop accepting Venmo for payments effective Jan. 10, according to news reports and a page on Venmo’s Web site. “Due to recent changes, Venmo can no longer be added as a payment method. Venmo will remain available to users who currently have it enabled in their Amazon wallet …

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