Thursday , November 7, 2024

Prepaid Card Volume Forecast and other Digital Transactions News briefs from 1/10/22

  • Transactions on prepaid cards worldwide reached $2.3 trillion last year and will exceed $4.1 trillion in 2026, according to Juniper Research. Over the same time span, fee revenue will grow from $22 billion to $32 billion.
  • Payments fintech AppTech Payments Corp. said it closed on a $15-million public offering and announced its listing on the Nasdaq.
  • Visa Inc. and Uber announced they will provide $1 million in grants to small businesses in 10 U.S. cities through a program called Grants for Growth. The businesses are active on Uber Eats, the ride-sharing platform’s food-delivery service.
  • Hadfield Group LLC launched TRNXN (Transaction) Co. to build on the company’s launch in 2019 of payment technologies for the restaurant industry.

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