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Green house
Mastercard plans to reach net zero emissions by 2050, part of a greenhouse gas reduction program that includes decarbonizing operations and supply chains.
Mastercard contends it achieved 100% renewable energy in 2020 as an early stage of that goal.
Credit card manufacturing and disposal create
Clip art
Hoping to reach newly online small businesses, payments technology company SumUp and visual content firm Shutterstock are enabling redesigns for merchant storefronts.
Merchants in SumUp's network will be able to access Shutterstock's image library as part of their branding. Media companies and businesses often use Shutterstock as a source of representative imagery, and the SumUp integration is aimed at smaller merchants.
SumUp has expanded its reach over the past few months, adding a partnership with
Partner now, pay later
Hoping to add options to keep pace in the point of sale credit arms race, PayU is integrating with Czech buy now/pay later (BNPL) firm Twisto to power added features such as a 45-day payment postponement with no extra fees.
Investors have been pouring funds into
But there are also challenges to BNPL, particularly
Branching out
Payroll company Branch is trying to dump paper from small-business salaries by upgrading an API to link salary disbursements to partners that support other corporate functions.
Branch will tie tips, wages and digital paycard alternatives to broader HR portals such as Rippling. Branch and Rippling are positioning the technology pandemic play, saying it allows businesses to onboard, manage and pay staff with less paper and physical contact.
The coronavirus and related economic crisis have drawn more attention to
From the web
REUTERS | Wednesday, January 27, 2021
Walmart Inc will add small robot-staffed warehouses to dozens of its stores to help fill orders for pickup and delivery, the company said on Wednesday, as Americans shift their spending online amid the COVID-19 pandemic.
TECHCRUNCH | Wednesday, January 27, 2021
French startup Mooncard is partnering with Flying Blue to offer Air France miles to its customers. This is the first time you can earn miles with a payment card in France that isn’t an American Express card.
TECHCRUNCH | Tuesday, January 26, 2021
Club Feast, a startup with a more affordable approach to meal delivery, is announcing that it has raised $3.5 million in seed funding led by General Catalyst.
More from PaymentsSource
A payment company focused on customer experience can work behind the scenes to facilitate that success, says PayNearMe's John Minor.
Flywire braced for disaster last year when the pandemic struck, with millions of foreign students canceling their academic plans indefinitely.
American Express is banking on consumers' desire to travel to address an important revenue category that has spent much of the past year grounded.
Fast has received a new round of funding from backers including Stripe.
Kate Fitzgerald, senior editor at PaymentsSource, talks to Eric Grover, principal at Intrepid Ventures, about the political activities that hinder the expansion of payment systems.
Synchrony Financial is ramping up its point-of-sale financing business with a deal to buy a health care-focused consumer lender.
The COVID-19 pandemic has caused many businesses to reconsider how they buy and sell goods and services.
The ATM and payment terminal makers are facing more competition from software providers. Both have taken steps to head off this threat.
Younger consumers have an appetite for fintech services and digital relationships, says Cloudentity CEO Jasen Meece.
U.S. banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards.