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Visa has (again) posted much stronger than expected Q1 2022 earnings amid a consumer spending rebound powered in part by business and personal travel following a “short-lived” jump in Omicron... read more
American Express is making what appears to be a landgrab for what some see as the next big market for payments – the metaverse. The company has filed trademark applications for... read more
The post Amex sets sights on Metaverse landgrab with patent filing appeared first on Payments Cards & Mobile.
Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more
The post Visa, Mastercard and American Express stop Russian operations appeared first on Payments Cards & Mobile.
Its earning week! Visa topped $7 billion in quarterly revenue for the first time, buoyed by a quicker-than-expected resumption in travel spending and sustained growth in categories like e-commerce that... read more
The post Visa, Mastercard and American Express post monster revenue updates appeared first on Payments Cards & Mobile.
American Express doesn’t issue debit cards in the US but it is gearing up to issue debit cards in China as it extends its position in the country. AmEx was... read more
The post American Express prepares to launch debit card product in China appeared first on Payments Cards & Mobile.