Credit Cards

E-commerce was hitting its stride before the pandemic, but two years later it’s clear sales volume via desktop and mobile devices is exploding. Online sales in the United States jumped fully 60.4% in December compared to December in 2019, according to the latest SpendingPulse report from Mastercard Inc., released late …

As part of its strategy to bring digital- and mobile-banking experiences to its customers, Synovus Financial Corp. has introduced a mobile virtual commercial credit card. The Visa Inc.-branded cards, which businesses can generate and send to employees, vendors, and contractors through a mobile app, will be enabled in a digital …

Rev USA, a unit of Rev Worldwide Inc., announced a nationwide launch for its X World Wallet, app-based account that includes features such as loyalty and travel bookings and can be linked to physical and digital Visa cards.Computer Services Inc., a payments processor for financial institutions and corporate clients, reported …

A Cantaloupe Inc. study found that 67% of consumers who own cryptocurrency are willing to use it for purchases if it were linked to a mobile wallet. The study had responses from more than 2,000 U.S. adults.Card maker SmartMetric Inc. said it created a credit card with a built-in fingerprint sensor. The card contains …

Payments provider Repay Holdings Corp. announced it has acquired payments-technology provider Payix for $95 million at closing plus up to $20 million in earnouts contingent on Payix’s 2022 performance.Mobile-parking app provider ParkMobile LLC said an agreement with the city of Clarksville, Tenn., covers 234 on- and off-street spaces in the city’s downtown. ParkMobile claims …

LINGA rOS, a provider of restaurant point-of-sale technology, said it will work with Evertec Inc., a payments processor concentrated in the Caribbean and Latin America, to serve the hospitality market in those regions.Unattended payments provider Cantaloupe Inc. announced Enhance, an artificial intelligence and machine learning technology-based service from Hivery, a data-science company, …

The share of payments claimed by the automated clearing house rose faster in 2020 than the share for cards, while checks dropped markedly. All the while, the share of payments claimed by cards, which had been steadily on the rise for years, flattened out. And while contactless transactions did rise …

Colony Bankcorp Inc. announced it has launched a merchant-acquiring division led by Steve Raines as director for merchant services. Raines most recently was director at Synovus Merchant Services.Laurentian Bank of Canada said it will work with the card-issuing platform Brim Financial to issue Visa products in 2022, with features including instant virtual …

Fingerprint Cards AB early Wednesday said it has agreed to provide iris-recognition technology to Mantra Softech India Pvt Ltd., said to be the largest provider in India of biometric devices and sensors. Terms of the multi-year contract were not disclosed. Under the terms of the deal, Mantra will deploy the …

To make cryptocurrency more accessible to the general public, BitPay Inc. on Tuesday announced a limited-time promotion with Simplex, a fiat-to-cryptocurrency gateway, to waive fees when BitPay wallet users purchase crypto using a credit or debit card. BitPay wallet users can buy the currency using the BitPay debit card or …