B2B Processing from Adflex
Adflex STP 3.0 enables virtual card payments and invoice information to be sent via an API call or a secure email directly from the enterprise resource planning system of the buyer.
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Biometric Checkout from NEC and Mastercard
More than 1,000 active deployments in over 70 countries use NEC facial recognition technology, including police departments, immigration control agencies, national ID systems, banks and stadiums.
Consumer Payment Systems and PCE in the US
Credit, debit, prepaid and Supplemental Nutrition Assistance Program (Snap) electronic benefits transfer (EBT) are the four card-based payment methods.
Asia–Pacific’s 50 Largest Credit and Debit Card Issuers
Credit, debit and prepaid consumer and commercial cards in circulation with global brands issued by the top 50 grew to 7.03 billion.
Credit Union Service Organizations Merge
PSCU and Co-op Solutions will begin integrating their operations in 2024 to create a single set of products and services. That process will take up to 24 months.
Visa Direct for Used Cars
In the US, around 35 million used cars are purchased by dealers annually. Of those purchases, Carment estimates 2 million would benefit from an instant payout.
Domestic-Only Credit and Debit Cards Worldwide
Countries in which both domestic-only credit and debit card products are issued include South Korea (eight bank brands), Brazil (Elo), Russia (Mir), India (RuPay) and Turkey (Troy).
Top 150 Debit Card Issuers Worldwide
The 10 largest issuers accounted for 58.7% of purchase volume in 2022 among the top 150. The 5 issuers from China dominated the top 10.
Card Manufacturers—Part 2
Payment card shipments in 2022 by manufacturer were published in issue 1251.
Marqeta BNPL Partnerships
The ability to provide virtual card payments for BNPL transactions has opened a new opportunity for card account processors. Increasingly, online and in-store retailers feel compelled to provide their customers with real-time credit decisioning so they can deliver instant approval for a BNPL transaction at the time of purchase, even when they’ve had no prior relationship with the consumer.
