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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

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In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. percent share of Reliance Retail.

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Bye-Bye Amex, Hello Visa: Citi’s Costco Card Debuts

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Costco has bid adieu to American Express with its Visa-enabled cards finally in play. The wholesale retail giant said that, starting Monday (June 20), it has begun accepting Visa-branded credit cards at its warehouse and gas locations in the U.S. and Puerto Rico. and Puerto Rico.”.

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This Week In Retail: Funding, Finance And Tech

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This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. The discount retailer has also announced two partnerships this week, one with Google and one with IBM. Virgin Islands. Virgin Islands consumers.

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Costco’s Co-Branded Credit Card Has 1 Million Members

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Costco Wholesale has reached a milestone, with Costco saying its co-branded Citi Visa Anywhere credit card now has 1 million members who have signed up for the card. According to a report , the co-branded card was launched in June and is resonating with consumers. million American Express co-branded cards, “about 7.5

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NEN Widens USAT Partnership For Cashless Payments Growth

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Headquartered in Broomfield, Colorado, NEN is a front-end retail and entertainment vending company operating more than 50,000 amusement devices. The company has skill cranes, kiddie rides and video game kiosks in over 18,000 retail and restaurant locations in the U.S. and Puerto Rico.

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Lease-To-Own Services Make A Comeback With Overstock.com

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Lease-to-own services are making a comeback with eCommerce retailers. The option, provided by Progressive Leasing , allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. In an announcement , Overstock.com founder and CEO Patrick M.