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February 1, 2023

On the web

January 30, 2020

On the web

Visa Will Be the Network for the New Venmo Card As PayPal Gets Set for Growth in China

Digital Transactions

“News emerged Wednesday from PayPal Holdings Inc.’s earnings call that Visa Inc. will serve as the network for a Venmo credit card PayPal announced in October. This development follows by one week PayPal’s announcement that it has struck a deal with UnionPay, China’s payment card giant, to integrate UnionPay cards in PayPal’s wallet and allow PayPal users to pay Chinese merchants.”

December 10, 2018

On the wires

November 28, 2018

On the wires

Introducing Quicken® World Mastercard, the Credit Card Built for Mindful Spenders

Quicken Inc. is launching a co-branded Mastercard credit card issued by U.S. Bank, the first credit card designed to help manage spending, budgeting and planning with unique integration into Quicken software. Unlike other cards, the new Quicken credit card allows cardholders to manage their finances more precisely with real-time updates in the Quicken mobile app to continuously monitor progress towards their financial goals.”

September 6, 2018

On the wires

Citi Retail Services Launches New Shell | Fuel Rewards Credit Cards

“Citi Retail Services, Shell Oil Products US and Excentus, a PDI company, owner and operator of the Fuel Rewards® program, are excited to introduce the new Shell | Fuel Rewards Mastercard® and the private label Shell | Fuel Rewards Card. In an industry-first move, these cards will combine fuel and non-fuel savings opportunities through the Fuel Rewards program, simplifying the customer experience into a single product.”

August 6, 2018

On the web

On the wires


“New data from leading fintech analysts, Juniper Research, estimates that driven by payment cards and mobile wallets, in-store contactless payments will reach $2 trillion by 2020, representing 15% of the total point of sale transactions. Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than previously anticipated by Juniper.”

July 25, 2018

On the web

Kredivo Raises $30M To Build A Digital Credit Card For Southeast Asia


The company launched its ‘Kredivo’ service two years ago to help consumers pay online in Southeast Asia, where credit card penetration is typically low, and it is essentially the combination of a digital credit card and PayPal. The service is available in Indonesia, Southeast Asia’s largest economy, where it uses a customer’s registered phone number — there is no physical credit card — and a dedicated checkout on online retail websites. For consumers, the service offers a 30-day payback option and then more longer-term options of three, six and 12-month payback windows. The 30-day option is interest-free, but other plans come with a 2.95 percent per month charge on the reducing principle, which effectively makes it 25 percent flat.”

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