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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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MoneyGram Extends Relationship With Walmart

PYMNTS

MoneyGram International , the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. Puerto Rico and on its digital platform at walmart.moneygram.com. Additionally, the firm reported that MoneyGram Online saw 104 percent transaction growth year on year during the quarter.

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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

PYMNTS

In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. In addition, the Razer Card will showcase contactless payment technology that enables cardholders to tap to pay. Digital Payment Firm SafetyPay Teams With LATAM's Rappi.

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Sears Offers Online ‘LEASE IT’ Financing Program

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Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online. There is also an online estimator tool to help members estimate their payment with different payment schedules and lease amounts.

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Short-Term Rental Hosts Undercut Airbnb With Pricing, Bookings

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Dissatisfied with Airbnb and other short-term rental companies, many hosts have created their own direct-booking websites to boost business and end years of frustration with the original online marketplace for lodging and its competitors, according to CNBC. Some of these websites have been in the works before the pandemic struck.

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This Week In Retail: Funding, Finance And Tech

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online lender Prodigy’s funding news for expansion into the U,S., Walmart’s two new partnership announcements , and the news that the CFPB is ordering American Express to pay out money to those hurt by unfair practices. based online lender Prodigy shared its funding news. Moving into lending news, U.K.-based Virgin Islands.

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Costco’s Co-Branded Credit Card Has 1 Million Members

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In June, the club retailer stopped accepting American Express at all United States- and Puerto Rico-based brick-and-mortar locations and online and forged a new partnership with Visa. In addition to launching its co-branded payment card, Costco also accepts Visa cards at all locations.