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Mastercard aims to cancel manual card entry by 2030

Payments Dive

The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.

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Credit card spending topped $13T last year: FIS report

Payments Dive

Global credit card transaction value rose both online and in stores last year, despite an earlier FIS projection of a decline.

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Walmart shooter likely used card to buy gun

Payments Dive

The gunman in a 2019 attack at an El Paso Walmart store likely used a credit card to buy his gun online. This story is one in a series of pieces tracking payment methods for guns used in mass shootings.

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Robinhood to buy X1 card business

Payments Dive

The online broker said it agreed to acquire the credit card business for $95 million. X1 doesn’t charge card holders annual or late fees, but does charge interest.

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Open Banking Meets Instant Payments At The Online Checkout

PYMNTS

Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. The reason is that you don’t need to remember any payment details, card numbers or bank numbers.

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Visa: Real-Time Settlement, Online Marketplaces Help Put SMBs Back On The Road To Recovery

PYMNTS

Online marketplaces are the digital storefronts helping small to mid-sized businesses survive — but adding real-time settlement into the mix can help them thrive. And 60 percent of surveyed firms selling across online marketplaces would take their business to one that offers real-time settlement.

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JPMorgan Forecasts Record Online Holiday Shopping Season

PYMNTS

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. Morgan’s card-present and card-not-present processing scale can provide uniquely valuable insight into consumer spending during the peak holiday shopping season,” Smith said. . As the No. trillion, J.P.

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