Closed-loop payment ecosystem; Three ways to lower your payment processing fees; Adyen’s shares soar 21% as European payments giant posts profit beat;

Closed-loop payment ecosystems incorporate in-network money transfers in three ways: from consumers to merchants, from merchants to employees, and from employees—to consumers—to merchants.

In this edition:

1️⃣ iOS 17.4 adds new ‘Virtual Card Number’ feature to Apple Cash

2️⃣ Revolut is launching phone plans for travelers in the UK

3️⃣ Adyen’s shares soar 21% as European payments giant posts profit beat

4️⃣ Key categories of Embedded Finance (EmFi) and revenue opportunities for non-financial businesses

5️⃣ Closed-loop payment ecosystem

6️⃣ Three…