debit cards

Mastercard Digital Commerce Suite to Make Every Card ‘Token Ready’

Mastercard said Wednesday (Oct. 17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making online transactions speedier and more secure.

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Dutch Central Bank Study Finds Debit Cards Good for the Environment

Consumers can help save the environment by choosing card payments over cash, according to a study by the Dutch central bank. The energy consumed by a debit card transaction could light an 8-watt bulb for 90 minutes, compared with two hours for a purchase using banknotes and coins, the researchers wrote in a working paper […]

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VIDEO: Apple Pay Isn’t Trying to Disrupt the Credit Card Industry

Apple’s Jennifer Bailey explains why Apple’s choosing to work with debit and credit card companies.

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Cash Use Falls Further in U.K. As Plastic Payments Rise

The value of purchases made by plastic now accounts for more than three-quarters of retail sales. Cash use fell a further 1 last year and now accounts for just 22 of purchases, according to the British Retail Consortium. But the switch to plastic hasn’t stopped Britons spending – there were almost 20 billion retail transactions […]

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Payments PIN Network Mistakes That Cost Financial Institutions Big Bucks

In the ever-changing world of payments, the gritty details in vendor PIN network contracts matter – a lot. And ignoring these details or getting agreements wrong can cost financial institutions as much as six or even seven figures over the life of a contract.

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Debit Card Glitch Means Thousands Charged Twice

Thousands of people in the UK were charged twice for debit card payments. The error occurred due to an issue with a particular card terminal run by Cardnet, a joint venture between Lloyds Bank and First Data. Money came out of bank accounts twice but transactions only showed up once on many shop, pub and […]

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How the Shift in Retail Drives Card Adoption in China

Nearly one-third of total retailing in China is expected to come from online channels by 2022, marking a nine-percentage point gain from 2017. This shift has resulted in several non-traditional financial service providers gaining share by reaching previously unbanked consumers through mobile devices and online marketplaces.

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Revolut Launches Metal Debit Card That Gives ‘Cashback’ in Cryptocurrency

Cryptocurrency users now have access to exclusive benefits and a shiny new way to make real-world purchases. Starting today, Revoluts heavy-duty, solid metal card is available, and it literally pays you to spend cryptocurrency. Revolut is a banking alternative that offers all the services of a regular bank, only digitally through its app.

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Misplace Your Credit or Debit Card? Just Turn It Off for a While

A growing number of U.S. financial institutions – including Citigroup, Bank of America, and Wells Fargo – are empowering their customers to fight fraud by giving them an on/off switch for their debit and credit cards. By using an app or going online, customers can temporarily turn off their cards so they can’t be used […]

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The Allure of Debit Cards for P2P Payment Companies

In the U.S., debit cards are the most popular method of payment, so it’s not surprising that many fintechs are trying to enter the debit card market.

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Tourists Told Card Payments ‘Help Greece’s Financial Recovery’

Greece’s revenue authority is running a new campaign to tell millions of visiting tourists about claiming receipts while in the country.

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Stripe Enables Corporates to Create Their Own Cards

Stripe is rolling out a new solution that lets businesses create and issue their own credit and debit cards, the company announced. In a press release, Stripe announced the launch of Stripe Issuing, its service that enables companies to create their own cards, both physical and virtual, via an API call.

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