Amazon is working aggressively to change the way people shop — especially in the grocery space — but not all of its activities focus on products and store design. The e-commerce giant has also influenced a lot about how people use their payment cards.
In a move that will certainly cause friction across the card payments industry, Amazon announced a new service called Amazon Prime Reload, which incentivizes newcomers to the program to load funds using a debit card or bank account with a 2% cash back on purchases.
Android Pay achieved a broad and rather sudden rollout in Canada this week when the nation’s domestic debit network, Interac, announced its support for the mobile payment service days after Google officially launched Android Pay there.
Nigeria-based United Bank for Africa (UBA) has introduced a Mastercard debit card available via instant-issue at its branches in Cameroon in a new phase of its push to expand debit usage throughout Africa.
Visa and Cambia Health Solutions, a Portland, Ore.-based health care technology company, are teaming up to offer consumers health care reimbursements directly through debit cards, instead by check or bank transfer.