Category Archives: Debit cards

There seems to be common ground on rate capping

. Senator R. Durbin concurs with the European Commission view on rate capping. US safe-harbour ceiling of 7 cents for debit cards coincides close to the 0.2% cap in the EU. http://digitaltransactions.net/news/story/4206   Advertisements

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Why Consumers Choose Prepaid Cards?

Why Consumers Choose Prepaid Cards – TMG Blog. Here’s good insight from focus groups into the drivers of prepaid card adoption. Anonymity and hard budgeting constraints are the main ones. But it’s unclear how consumers perceive the fees applied to … Continue reading

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Nigeria announces national ID cards with electronic payment capability built in

Nigeria announces national ID cards with electronic payment capability built in – The Next Web. This is an different ID card proposition from others with chip capabilities because they will include payment applications cosponsored by Master Card. Hence there are … Continue reading

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Safeway has big plans for payment program that avoids bank debit card fees

Safeway CEO has big plans for payment program that avoids bank debit card fees – San Francisco Business Times. Large merchants developing creative schemes to circumvent traditional card fees. Welcome to all those initiatives to challenge pricing schemes of the … Continue reading

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Google Wallet Now Allows Users to Transfer Money Via Gmail

Google Wallet Now Allows Users to Transfer Money Via Gmail – International Business Times. Winds from distant Mpesa seem to be blowing strong towards the US. This is great news as Google gets ready to offer US bank holders a … Continue reading

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Canadian chip & PIN has worked to curb Debit Card Fraud

Chart of the Week – Canadian Interac Debit Card Fraud Losses (2006-2012).

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Visa volumes down due to competitive routing provisions for routing US PIN Debit

US PIN Debit Consolidation | FinVentures.

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