Credit Cards

Boosted by strong growth in its automated clearing house services, credit card acquiring, and other business lines, merchant processor Usio Inc. reported Thursday that its total dollars processed grew 215% in 2021’s fourth quarter from a year earlier and 184% for the full year. San Antonio, Texas-based Usio processed $9.5 …

Buy now, pay later options for consumers continue to grow. Nascent airline Breeze Airways will offer Uplift Inc.’s BNPL option to its travelers and Mastercard Inc. announced several more retailers joined its Mastercard Installments program. Sunnyvale, Calif.-based Uplift said it is the exclusive BNPL option for Breeze flights. The service …

Payments-technology provider XTM Inc. said it has added Apple Pay and Google Pay to its U.S. Today mobile wallet. The company says it has rolled out more than 100,000 wallets so far.Payments provider Nuvei Corp. said it will process payments for cryptocurrency by holders of the Ledger hardware wallet. With the agreement, holders can buy crypto …

Underscoring the rising profile of open banking in consumers’ financial lives, Green Dot Corp. early Tuesday said it has completed an integration for its GO2bank mobile banking app with the Plaid Exchange network from Plaid Inc. The move will connect users of Green Dot’s app, launched only in January last …

Buy now, pay later specialist Affirm Inc. said its fiscal quarter-to-date financial metrics exceeded its expectations, leading it to revise its financial outlook. Affirm on Feb. 10 had expected its gross merchandise volume to be no more than $3.71 billion, but now says it will be at least that much.Aplazo, a buy …

Having held off for the past two years, the country’s two biggest card networks are preparing revisions to their interchange schedules that at least one research firm says will cost U.S. merchants an estimated $475 million in additional transaction fees. Though Visa Inc. and Mastercard Inc. have historically revised their …

With consumers starting to dine out again, improving their dining experience through digital ordering and tableside payments solutions is becoming a pressing need for restaurants. Texas Roadhouse has become the latest restaurant chain to take the digital plunge, implementing Ziosk’s Cloud Commerce Platform for digital tableside ordering and payments. The …

E-commerce platform eBay Inc. announced it is launching a digital wallet, its first, to allow sellers to use proceeds from their sales to make purchases or pay for selling expenses.The Western Union Co. has suspended operations in Russia and Belarus in response to Russia’s invasion of Ukraine. The move follows decisions by other global …

The ongoing Covid-19 pandemic continues to impact consumer finances and financial habits. On the one hand, since the onset of the pandemic, the bank deposits of American households have been at a record high, partially due to limited spending on entertainment and travel, reduced in-person shopping, and the receipt of …

Diebold Nixdorf Inc. launched its Vynamic Retail Platform that includes functions such as checkout, loyalty program management, retail management, and compliance.Visa Inc. said it completed its $2.15 billion acquisition of Tink, an open banking platform. Announced in June, the acquisition gets Visa access to 3,400 financial institutions in Europe. Stockholm-based Tink will operate …