Mastercard launches new SMB card rewards, Square Cash up 2.5x, RBS returns to payments

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May 2, 2019

SMB

Mastercard Launches New SMB Card Rewards

One-size-fits-all doesn’t cut it for a lot of things — especially, Mastercard EVP of Core Products Amnah Ajmal tells PYMNTS, small business (SMB) card rewards. The company’s new Business and World Elite card program gives SMBs options and access to the services they need to run their businesses — from receipts to cybersecurity — just by using the card. Here are the details.

 

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B2B

Fundbox, Brandwise Execs: How Net 60 Helps B2B — And Why They’re Joining Forces

Is it time for B2B to come to terms … with terms? B2B capital company Fundbox and B2B eCommerce platform Brandwise think so and have come together this week with a plan to do that for their suppliers, retailers and intermediaries. Fundbox CBO Sebastian Rymarz and Brandwise CEO Todd Litzman tell Karen Webster how “net 60” may help transform B2B payments.

 

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Earnings

Square Cash App Volumes Up 2.5x In FY Q2

The Street was focused on estimates and guidance, sending shares down when Square announced results for the fiscal second quarter. Drilling down into results, though, the firm found continued traction with larger sellers at 51 pct of GPV, while its Cash App showed triple-digit gains. Here’s the scoop on Square.

 

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Smarter Payments Tracker™

Faster Payments’ Impact On India’s 100M Migrant Workers

For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services, and hoping for the best. In the new Smarter Payments Tracker, Ritesh Pai, YES BANK’s chief digital officer, discusses how India’s emerging faster payment systems, including IMPS and UPI, are putting those fears to rest — and why fast remittance confirmation is as important as the speed of the transaction itself.

 

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