How Many Debit Cards Do Most Consumers Have?
As debit cards continue to play a central role in everyday financial transactions, understanding how many cards consumers hold offers valuable insight into spending habits and banking preferences. With the rise of digital wallets, neobanks, and reward-linked checking accounts, many individuals now carry more than one debit card to manage different aspects of their finances. […]
Crypto Is Playing an Increasing Role in Cross-Border Payments
The Bank for International Settlements (BIS) found that bitcoin, Ether, and the leading stablecoins facilitated roughly $600 billion in cross-border payments in Q2 2024. The report highlighted that speculation and broader global financing trends are the main forces driving the use of digital assets. BIS also noted that Circle’s USDC and Tether’s USDT stablecoins—along with […]
Without Its Own Credit Card, World Market Turns to Affirm
World Market is partnering with Affirm to offer buy now, pay later plans at nearly 250 stores, as well as online. For the specialty retailer known for stylish furniture, home decor, and international food, the program will replace what many of its competitors already offer: a co-branded credit card. For a retailer without a store-branded […]
Boosting Revenue for Merchants by Optimizing Authorization Rates
A critical factor is often overlooked when focusing on improving the customer experience: ensuring payments go through successfully. A failed payment is more than simply a lost sale. It can lead to wider-scale revenue impacts and erode customer confidence over time. In a recent PaymentsJournal podcast, John Winstel, VP of Optimization Product at Worldpay, and […]