The card lets customers earn unlimited 2% cash back and may signal a broader move into general-purpose cards.

For example, customers can use Afterpay’s BNPL services on Amazon when shopping through the Afterpay app. But the Affirm-Amazon tie-up lets customers shop directly from Amazon and check out using Affirm.

The issuer’s Q1 growth sets it up for a strong year as it leans into drivers like digital purchasing and health and wellness products.

The Big Tech is reportedly developing a suite of proprietary financial services dubbed Breakout—here’s why it won’t be easy.

The bank’s brand can be visible to customers, just as Klarna, Afterpay, and Mastercard display their logos in a checkout flow. If a bank can enable a customer to buy a product or use a financial service in whatever context they wish, the bank can make itself top of wallet for transactions and top of mind whenever the customer makes a purchase. Technical Challenges.

The Payment Systems Regulator is concerned that rising fees are harmful to merchants.

The payments behemoth singled out digital wallets as a way to boost engagement going forward.

The Victoria’s Secret Mastercard rollout follows the issuer’s digital-focused rebrand.

Cash is on the decline everywhere, accounting for at most 44% of point-of-sale (POS) transaction value regionally and just 18% globally in 2021. Its share will drop to 10% worldwide by the end of 2025, with North America, Asia-Pacific, and Europe leading the charge away from physical money.

The BNPL provider bought South Africa-based Payflex to establish a presence in the region, which remains largely untapped and where point-of-sale financing solutions have strong growth potential.

The super app model is moving to the West and will upend how consumers interact with financial services. Banks must start preparing now to make the changing tide work to their advantage.

Worldline partnered with Japan-based Vesca to process digital payments, which can give it an early mover advantage as cashlessness grows.

Jumping into this segment lets Veem avoid the competition in the consumer-facing BNPL space as players like Klarna, Afterpay, and Affirm vie for market share. The big takeaway: Veem’s new financing solutions are a golden opportunity to capitalize on two lucrative segments.

A bevy of issuers already announced BNPL solutions earlier this year, including Synchrony and US Bank, to keep up with competing fintechs like Afterpay and Klarna, which could further extend use and entice merchants to enable acceptance quickly.

Although BNPL is flourishing, intensifying competition might push providers into new global markets and sectors outside of traditional retail to sustain their growth.

Amazon will accept Visa credit cards across all of its sites—without surcharges—after reaching a global agreement.

Enabling Crypto.com Pay lets customers pay merchants with over 20 cryptos.

Open banking eliminates many of A2A payments’ pain points, making them an even more attractive option for merchants.

Here’s a breakdown of the online and in-store features that apparel retail shoppers value the most, and a ranking of how 10 leading retailers stack up.