Prepaid Cards

Square Inc. launched its Early Access Program for beta testing in Spain. The program allows select businesses and freelancers to access Square technology. The move marks Square’s entry in the Spanish market.Sky Systemz, a business-to-business software company, launched Sky Paymentz, a service to enable businesses to accept payments in person, online, …

North American payments processors are focusing lately on bulking up resources in Latin America, largely via acquisition. The latest example is Montreal-based Nuvei Corp., which on Tuesday said it has acquired Paymentez LLC, a 10-year-old payments provider that enables more than 80 payment methods in Mexico as well as 10 …

PopID, a consumer authentication service, said its PopPay payment service is used more than more 100 restaurant and retail brands. Approximately 70,000 registered users have authenticated their faces more than 4 million times. PopID recently closed on a $10 million Series B funding round and intends to expand to college campuses across …

U.S. consumers are spending $273 per month on subscription services on average, up 15% from the average in 2018, yet they estimate they are spending less, according to a poll from consulting firm West Monroe.Payments provider Nuvei Corp. completed its $250-million cash acquisition of SimplexCC Ltd., a cryptocurrency gateway that links exchanges, brokers, wallets, …

BBQ Holdings Inc., owner of Famous Dave’s, Village Inn, and Granite City Food & Brewery, selected Blackhawk Network Holdings Inc. to provide online and in-store gift card products.Integrated-payments provider EngageSmart LLC announced it has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of its common stock.Klara, …

The story of debit cards in the pandemic year of 2020 turns out to have several chapters—including higher average tickets, a sharp swing to card-not-present usage, a dramatic surge in contactless adoption, and higher mobile-wallet usage. Meanwhile, account-to-account transfers turned out to be the fastest-growing form of debit, though usage …

Apple Inc. said Apple Cash users can now send Instant Transfer payments to Mastercard Inc. debit cards, reported 9to5mac.com. The service had been compatible only with Visa Inc. debit cards prior to Thursday’s announcement. Apple also said it is charging a 1.5% fee for Instant Transfer transactions, up from 1%. Instant Transfer …

As they have for rival Visa Inc., transaction volumes are continuing to improve for Mastercard Inc. as world commerce stages its recovery from the impact of the pandemic. “The strong momentum we started the year with accelerated this quarter,” chief executive Michael Miebach said Thursday morning during a session with …

Payments provider Global Payments Inc. announced consulting firm PwC will be a charter member of Global’s TSYS Partner Program, an initiative aimed at developing business partnerships with companies globally.CloudPay Inc., a payroll-processing provider, launched CloudPay Now, a service allowing multinational companies to provide earned-wage access globally.InComm Payments will process prepaid card transactions online …

With Colorado Governor Jared Polis signing Senate Bill 21-091, repealing the state’s ban on credit card surcharging, Colorado has a surcharging law that not only ensures proper disclosure about surcharges to consumers, but mirrors the surcharging rules implemented by Visa Inc. and Mastercard Inc. The new law, signed by Polis …