Region: Canada

Chargeflow Chargeback Management for PSPs

Chargeflow’s evidence-as-a-service technology prepares the letter merchants need to demonstrate to issuers that a sale was legitimate. The automated system replaces the costly manual review process many merchants rely on to answer issuers.

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, […]

FIS and Affirm are BNPL Partners for Debit Cards

Cardholders will be able to use an issuer’s mobile app or visit the issuer’s digital banking site to select BNPL for a purchase they just made. Or they can use those same channels to preauthorize an amount for BNPL, a feature that would likely be used for more expensive purchases.

Payment Cards Projected Worldwide 2024—2029

General purpose and private label credit, debit and prepaid cards in circulation worldwide are projected to reach 31.13 billion by December 31, 2029. At year-end 2024 that figure was 27.76 billion.