In the wake of the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (CARD Act), college students are no longer finding themselves inundated with high-interest credit card offers. With debit card popularity on the rise, both students and campuses are taking advantage of the financial and facility security offered by debit cards. The rising… Continue reading CardFlex’s Student Prepaid Debit Card Are Providing Universities and Students with Both Financial & Facility Security
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Bangkok Bank Pushes Its Debit Chip Card
Bangkok Bank is in a push, promoting its chip-enhanced debit cards to consumers in terms of safety. The BBL intends to increase the number of their ATMs that accept the card from 8,000 to 9,000 in an effort to persuade both existing and new customers to change from their current, magnetic-strip to chip cards. The… Continue reading Bangkok Bank Pushes Its Debit Chip Card
Say Goodbye to Paper Coupons, Receipts and Loyalty Cards
New Partnership Will Allow Coupons, Loyalty and Rewards Programs to be Tracked Directly on Your Debit/Credit Card The loyalty and rewards solution startup CardSpring has announced its partnership with VeriFone, the point of sale maker. The partnership will allow CardSpring to integrate its Web service platform into VeriFone’s PAYware Connect gateway so developers can create… Continue reading Say Goodbye to Paper Coupons, Receipts and Loyalty Cards
Nigeria’s National ID Cards Double Also as Debit Cards
Nigeria’s New Biometric Identification Cards Can Be Used At Stores and ATM’s In an announcement at the World Economic Forum on Africa last month, MasterCard and the Nigerian National Identity Management Commission announced their partnership to release 13 million ID/Debit cards. The combination government ID/debit cards will be rolled out over the next year as… Continue reading Nigeria’s National ID Cards Double Also as Debit Cards
Community Banks Aren’t Hurt By Debit Card Fees
A provision in the Dodd-Frank Act originally had community banks worried. The new regulation would reduce the amount of money that larger banks could charge for debit card swipes by half. Targeting banks with assets of more than $10 billion, this meant smaller, community banks would be exempt from the regulation. According to a recent… Continue reading Community Banks Aren’t Hurt By Debit Card Fees
Debit Cards Are A Good Deal After All
A few years ago, you couldn’t use “debit card” and “good deal” in the same sentence, but now with the high rate of competition, banks are easing off a lot of their fees. In fact, with a few smart moves, you can use a prepaid debit card without any fees at all. “We’re seeing new… Continue reading Debit Cards Are A Good Deal After All