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Pennsylvania may ban interchange fees on sales tax

Payments Dive

Democrats in the Keystone state’s House of Representatives are pushing a bill that would prohibit interchange fees from applying to sales tax when consumers make credit or debit card payments.

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BofA to reissue 4 million cards in rapid contactless push

Payments Source

While major card issuers such as Chase and Wells Fargo roll out NFC-enabled credit and debit cards incrementally, Bank of America is taking much more aggressive approach.

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Trending Sources

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How open banking can transform the U.S. payments market

Payments Source

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.

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Alternative Payment Adoption Continues to Rise Across Emerging Markets, Reveals EBANX

The Fintech Times

Digital-first financial institutions have become key drivers behind cards’ sustained presence and growth in rising economies, according to new data revealed by EBANX , the global payment service provider (PSP). These digital solutions have pushed traditional payment methods to evolve and adapt to meet modern consumer expectations.”

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Wells Fargo Launches Contactless Credit, Debit Cards

PYMNTS

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.

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Orum Teams Up with Visa Direct to Launch Faster Payments

Fintech Finance

customers real-time1 fund transfers to and from bank accounts via debit card with its Deliver API solution, powered by Visa Direct. Orum customers will now be able to use its Deliver solution to reach 99% of bank accounts in the US via a linked debit card.

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EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers

Fintech Finance

Digital-first financial institutions have become key drivers behind cards’ sustained presence and growth in rising economies. This trend is gaining traction in other countries in Latin America, mainly Colombia (21%) and Argentina (19%), where digital banking expansion and intense fintech activity are pushing card issuance.

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