This Week In Digital Payment - Prizeout's CashBack+ Pay Revamps Credit Union Rewards

The digital payment landscape continues to evolve with the introduction of Prizeout's CashBack+ Pay, a new platform designed specifically for credit union debit card users. This innovative solution enables users to earn instant cashback averaging 6.8%, which significantly surpasses the typical offerings from larger banks. This development not only transforms traditional spending behaviors but also integrates seamlessly into the shopping experience, whether online or in-store, leveraging digital gift cards. By partnering with numerous credit unions, Prizeout aims to bring meaningful rewards to a sector often overlooked in terms of substantial debit card perks, heralding a significant shift in how debit transactions are conducted.

In other market news, Muthoot Finance (NSEI:MUTHOOTFIN) was trading firmly up 6.6% and closing at ₹2,446.20, close to the 52-week high. In the meantime, Santander Bank Polska (WSE:SPL) softened, down 3% to end the day at PLN464.10.

Muthoot Finance is experiencing strong growth with a 37% increase in its core portfolio, driven by festive demand and digital engagement. Discover more about these growth opportunities by clicking through to the full narrative on the company.

Best Digital Payment Stocks

• SoFi Technologies (NasdaqGS:SOFI) finished trading at $14.24 up 4.2%.
• PayPal Holdings (NasdaqGS:PYPL) settled at $73.43 up 1.3%.
• Visa (NYSE:V) ended the day at $370.22 up 0.9%, hovering around its 52-week high.

Where To Now?

• Embark on your investment journey to our 199 Digital Payment Stocks selection, featuring Citigroup, Bank of Communications and Sberbank of Russia, right here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Prizeout unveils CashBack+ Pay: a new way for credit union members to pay and earn cashback" from Prizeout on GlobeNewswire (published 03 June 2025)

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