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Mumbai Bus Operator To Test India’s National Transit Card

PYMNTS

India’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. The national transit card system uses a bank-issued card that will run on India’s RuPay payments network, the news outlet said. The pilot is to see how the system would work.

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Gift Cards A Taxing Problem? Not Necessarily Says Tango Card CCO

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Other than small things like a pen or providing staff with free coffee, anything given to employees that has a clear cash value attached to it is considered taxable by the IRS, said Nat Salvione , chief commercial officer of Tango Card. However, he added, the tax implications should not exceed the cost and purpose of the present. “We

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Deep Dive: How Businesses Are Preparing Their Workers, Payments Operations For A Digital B2B Future

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This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Much of the U.S.

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Cards Offer SMB Relief Beyond Access To Credit

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The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

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daVinci Payments Launches CNY Funded Prepaid Cards

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Illinois-based daVinci Payments has announced it is releasing a Chinese Yuan (CNY) corporate-funded prepaid card for employees or customers of multi-national corporations. The launch makes daVinci, formerly Swift Prepaid, the first North American program manager with this offering.

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RAKBANK Partners With Mastercard For Commercial Card Solutions

PYMNTS

National bank RAKBANK , headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan. It also provides efficient monitoring of travel and entertainment expenses via the SmartData expense monitoring and management tool.

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Square Partners With Washington Nationals To Offer In-Seat Concessions

PYMNTS

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. The terminals allow customers to pay with credit or debit cards and digital wallet payment options like Apple Pay or Google Pay.