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Visa, Mastercard trials postponed

Payments Dive

The trials next year cover three groups of plaintiffs that have been litigating against Visa and Mastercard for more than a decade and opted out of a prior multi-billion dollar settlement with the networks over damages. Sign up A valid email address is required. Please select at least one newsletter.

Visa 120
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Balance, Alibaba team on BNPL for biz clients

Payments Dive

In addition to Alibaba, the B2B embedded payments provider now counts other major companies as customers, including Instacart Business. Flexible B2B payments are essential for business customers who want to grow,” Yiran Li, head of customer retention strategy for Alibaba.com ’s U.S. division, said in the statement.

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Mastercard, Visa play down stablecoin threat

Payments Dive

As a result, businesses are rushing to embrace the new digital currency typically pegged to the U.S. those attributes alone do not suffice to turn stablecoins into a payment tool.” She also emphasized commercial users, in particular, benefitting from holding value in fiat currencies.

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Early Warning pitches Zelle to Treasury

Payments Dive

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