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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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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. Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. percent share of Reliance Retail.

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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This Week In Retail: Funding, Finance And Tech

PYMNTS

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. Walmart is getting in on the lending game in its own way with the unveiling of an installment loan offering that will allow people to put higher-priced items on a payment schedule. Virgin Islands.

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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. through March 2024, the Texas-based company announced on Tuesday (Oct.

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Hurricane Florence’s Retail Punch

PYMNTS

Though not expected to be as damaging as the hurricane run that ripped through Texas, Florida and Puerto Rico last year, Hurricane Florence is expected to deal $700 million worth of net negative impact on the U.S. A bad one — bad enough, in fact, to be this week’s biggest fizzle. According to Planalytics, roughly $2.75

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

PYMNTS

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.