Card-Present Transactions for Online Merchants
Software that enables card-present transactions for online merchants by using a buyer’s phone to enter a PIN is available from start-up Burbank.
Area of Interest: Payment Card Issuing
Dynamic CVV Module
Unlike tokens, dCVVs have the added benefit of being a security element that is visible, which provides cardholders with some peace of mind.
Entrust’s NFC IPhone Wallets
Mastercard, Visa and domestic-only credit and debit cards in Europe can be added to issuer-branded wallets on iPhones using HCE (host card emulation) technology from Entrust.
Global Brand Cards in Latin America and the Caribbean—2024
American Express, Diners Club, Mastercard and Visa brand
credit, debit and prepaid cards issued in Latin America and the
Caribbean (LA&C) region generated $1.588 trillion in purchase
volume for goods and services in 2024.
Token.io Uses API Connectivity for A2A Payments
Last year, Token.io handled 62 million A2A transactions averaging $2 billion monthly. The average transaction amount was $400.
Emburse Corporate Cards
Last year, the Emburse card program handled $625 million in card payments, up 22% over the last two years. The company expects Emburse cards will generate $660 million in spending this year.
Mastercard One Credential
Cardholders, particularly younger people who pay for retail purchases predominantly by using mobile phones, are the target consumer segment for Mastercard One Credential, a service from card issuers that lets buyers preset or switch their payment product preferences.
Canada Card Issuers and Networks 2024
Interac, Visa, Mastercard and American Express brand credit, debit and prepaid commercial, small business and consumer cards issued in Canada generated 17.89 billion purchase transactions in 2024, up 6.7% from 2023. The national debit card brand of Canada, Interac, has always held the largest market share position among all brands when measuring purchase transactions. However, […]
Bitcoin Rewards Visa Credit and Debit Cards
So far, nearly $75 million in bitcoin has been delivered in rewards to more than 600,000 customers in the US. The customer base includes 75,000 people who use the Fold Visa debit card to earn bitcoin as a reward for their purchases.
CFPB Actions Updated
The regulator said that the banks did not properly investigate consumer complaints consistently or on time and did not provide reimbursements for fraud or errors as required by Regulation E of the Electronic Funds Transfer Act.
