New Clean Way to Pay: Mobile Wallets Surge on Covid 19 Fears Requiring no physical contact with merchant point-of-sale terminals, mobile wallets are increasingly viewed as a safer way to pay by consumers around the world. Fears that payment cards, cash and coins may be tainted with the coronavirus, and that touching in-store terminals might make shoppers sick, the use...

According to recent news reports, US airlines are negotiating with major card-issuers to have the banks pre-buy miles. Most airlines have been hit hard by Covid-19, grounding as many as 70% of flights—and putting the industry in desperate need of cash. Card-issuers would buy airline loyalty points and link them to card spending as an incentive to drive card use....