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The Chase Freedom Rise card offers rewards and features tailored to new-to-credit customers to widen its appeal.

This could not only impact its market share in the debit card industry and cut into its margins鈥攊t may also hurt Visa鈥檚 brand in the court of public opinion

The open-banking-powered card offering brings together the benefits of A2A payments with the ease of card payments. Innovations like this could spur A2A payments usage globally

The insight: Dollar General customers spent more at Temu so far in Q3 than at the discounter, per credit card data analysis by Earnest Analytics. Just 10% of the dollar store鈥檚 customers shopped from the Chinese ecommerce marketplace this quarter. But those who did spent $141 with the retailer, compared with $136 at Dollar General.

In the US, Visa also faces a Justice Department antitrust lawsuit accusing the company of illegally maintaining a monopoly over the debit card market. Mastercard settled a similar suit from the Federal Trade Commission last year. Our take: Growing regulatory scrutiny is a looming threat to Visa鈥檚 and Mastercard鈥檚 businesses.

Fraud concerns are also of the utmost importance for the end consumer: Security and control tools are the most demanded US cash back credit card features, per our survey.

Helping with tasks like credit/debit card applications, payments, password-related issues, and wire transfers. Giving tailored advice based on spending habits鈥攍ike suggesting saving when entertainment expenses drop. Sending payment reminders and spending analyses to help customers stay on top of their finances.

Consumers also abandoned their carts because the site wanted them to create an account, they didn鈥檛 trust the site with their credit card information, or delivery was too slow. US consumers also expressed frustration with promo codes not being applied to their carts, according to an October 2023 survey from Bizrate Insights and Digital Commerce 360. What can retailers do?

The news: The Consumer Financial Protection Bureau (CFPB) offered some clarity for its interpretive rule that would treat BNPL loans like credit cards, per a CFPB blog post. The FAQs are a direct response to questions the CFPB received from meetings with BNPL providers and comments submitted to the agency. Here鈥檚 what the FAQs clarified:. Defining BNPL products.

Two of Marqeta鈥檚 long-term fintech customers are taking on more of their card program鈥檚 management capabilities. This has reduced Marqeta鈥檚 volume and take rate. Here鈥檚 how Marqeta expects to overcome both of these hurdles in the long run:. Klahaf said the BaaS challenges will weigh on Marqeta for another two quarters before its partners adapt to take on the additional compliance requirements.

Debit cards will remain the top payment method for holiday shopping: Debit volume typically picks up when consumers鈥� budgets get strained. 58% of shoppers plan to use a debit card this holiday season, up from 52% last year. 19% plan to use a credit card that they will pay back over multiple billing cycles, while 34% plan to pay their credit cards in full to avoid interest. 11% will use a BNPL plan to finance

I was wondering what that looks like versus annual credit card spend, and I found one data point from two years ago. So holders of general-purpose credit cards charged an average of close to $9,000 in purchases per account in 2022. This was according to NerdWallet. So folks spending close to nine times as much on their credit cards each year. It'd be interesting to see if that gap is closing.

And other payment players pushing into combo credit/debit/BNPL cards can propel this growth.

Recent acquisitions and service launches will help it maintain momentum

But a diversified mix of card volume will help keep the issuer in a strong position moving forward

This should help boost volume for both the booking platform and for the card-linked installment offering, given BNPL鈥檚 popularity in the travel category and an overall spike in popularity for card-linked BNPL

The costs of accepting card payments go beyond interchange rates. They also include chargebacks, false positives, and fraud losses. Given all of these factors, companies end up paying between 4% and 10% of their revenue to offer card payments, per PYMNTS and Trustly.

In September, the Department of Justice (DOJ) started an antitrust case against Visa, alleging the network illegally maintains a monopoly over the debit card market. The DOJ has also filed antitrust cases against Google and Apple, and the Federal Trade Commission (FTC) filed antitrust lawsuits against Amazon.

Something similar could happen this year, as 27% of consumers plan to take on some form of debt to do their holiday shopping. 54% of shoppers plan to use credit cards this holiday season, per Bankrate. 30% are considering buy now, pay later (BNPL) services, according to a July 2024 survey from Morning Consult and Afterpay.

The news: Google is bringing a technology used to protect credit card and password information to advertisers, allowing them to integrate their first party data with the ad giant while preventing other advertisers and Google from accessing sensitive information. The product, known as confidential matching, will be available at no extra cost to advertisers, Google said.

From the merchant perspective, there could be interest in pushing A2A payments to avoid hotly contested credit card interchange fees.