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Klarna Unveils New Debit Card Powered by Marqeta

Finovate

Klarna and Marqeta are launching a new debit card powered by Visa Flexible Credential (VFC), allowing users to pay now or later with the same card. The Klarna Card marks a shift from BNPL-only into mainstream payments, which supports consumers’ demand for flexible, app-connected spending tools.

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Republicans pressure Fed on debit card fees

Payments Dive

Some House Financial Services Committee members are pressuring the Federal Reserve to reverse a proposal to lower the debit card fees that banks can charge.

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Marqeta to Power New Klarna Debit Card in the U.S.

Fintech Finance

“We’re excited to continue innovating alongside Marqeta as we scale the Klarna Card to provide smart, seamless payments that empower smarter, more informed shoppers everywhere.” ” The post Marqeta to Power New Klarna Debit Card in the U.S. certified for Visa Flexible Credential. .

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Affirm boasts 2 million debit cards

Payments Dive

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Affirm boasts 2 million debit cards The number of such cards the buy now, pay later provider has now made available is an increase of about 600,000 cards since January.

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Debit Card Surcharging: Is It Legal?

EBizCharge

If you’ve ever wondered whether it’s legal to add a surcharge when someone pays with a debit card, you’re not alone. No, debit card surcharging isn’t legal in the U.S. The rules behind it come from a mix of card network policies, federal law, and state regulations. Can you surcharge a debit card?

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Visa announces key partnerships with Klarna, Zilch to launch flexible debit cards

Finextra

At Money20/20 Europe in Amsterdam, Visa announced plans to launch a pilot for FDIC-insured debit card with Klarna, and roll out Zilchs first physical card.

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Merchants, banks spar over Fed’s debit card fee proposal

Payments Dive

Major trade groups for merchants and banks engaged in another round of fighting last week over whether the Federal Reserve should finalize a lower debit card interchange fee rate.