Andrew Allen

A smartphone may soon be the only payment terminal some small businesses need. Visa announced new capabilities this week aimed at helping small businesses in emerging markets accept card payments, send digital payments, and move money from their phones. The updates include new Visa Accept capabilities and changes to Visa Pay and Visa Direct, three tools designed to make smartphones more useful payment hubs for emerging businesses.

Summer travel season is ramping up, and card issuers are rolling out fresh ways for consumers to earn more on their spend — from Chase’s new quarterly bonus categories to a premium Wyndham card. Beginning July 1, people who own the Freedom or Freedom Flex cards can earn 5% cash back on electric vehicle charging and gas station purchases. Chase just unveiled new 5% cash back categories, Wyndham launched a premium card, and lawyers are getting a new business card.

Our experts and industry insiders blog the latest news, studies and current events from inside the credit card industry. Our articles follow strict editorial guidelines. Follow Us: 261 1,014 The very active pen of Colorado Governor Jared Polis vetoed a bill this week that would have prevented credit card companies from collecting interchange fees on the sales tax portion of a bill in his state.