Posted on Friday, 27th January 2012 by Rebecca Ortiz
All types of unattended point-of-sale (POS) terminals can be programmed to not process credit card transactions above a pre-set amount. There are also, however, limits on the highest allowable amounts that merchants can process on cards at unattended terminals, which are set by the Associations and exceeding them leads to automatic chargebacks. Visa issuers use [...]
Posted on Sunday, 22nd January 2012 by Rebecca Ortiz
It is not realistic to imagine oil prices will ever return to the level where Americans can buy gasoline for $1 per gallon. This reality has compelled many to purchase more fuel efficient vehicles while trying to find cash back credit cards that offer savings on fuel. The Pentagon Federal Credit Union Platinum Cash Rewards [...]
Posted on Wednesday, 4th January 2012 by Rebecca Ortiz
Consumers who want to purchase more than what they can afford tend to apply for credit cards because of the guaranteed approval which happened to be increased lately by more than 50% from the original ratings in the past. Even those who were hit by recession found assurance on credit card companies since they can [...]
Tags: Card, Credit Card
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Posted on Tuesday, 22nd November 2011 by Rebecca Ortiz
Slowly but surely the EMV (also known as chip-and-PIN) credit card technology is coming to the U.S. JPMorgan Chase has just rolled out its third such product, co-branded with British Airways and designed specifically for Americans traveling abroad whove long had issues getting their magnetic stripe cards accepted outside the U.S. All three of Chases [...]
Tags: Chip, Chip Cards
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Posted on Tuesday, 11th October 2011 by Rebecca Ortiz
To the dismay of some, credit card companies are once again loosening their criteria for creditworthiness and are targeting those who have had credit problems in the past. In fact, in the first six months of 2011, banks across the nation issued 5.4 million new credit cards to those whose credit histories have taken a [...]
Tags: Again, Credit Card
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Posted on Sunday, 25th September 2011 by Rebecca Ortiz
Prepaid is the fastest-growing non-cash payment method in the U.S. The aggregate number of prepaid transactions grew at a compound annual growth rate (CAGR) of 21.5 percent between 2006 and 2009, while the volume grew at a CAGR of 22.9 percent for the period, according to data from the Federal Reserve. There are substantial differences [...]
Tags: Prepaid, Prepaid Card
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Posted on Thursday, 22nd September 2011 by Rebecca Ortiz
Below is a roundup of current business credit card offers that provide sign-up bonuses as well as features and benefits that many businesses can profit from. Ink Bold Business Card from Chase: Businesses that pay every statement in full do not necessarily need a credit card, they can use a charge card that requires payment [...]
Tags: Card Offers, Credit Card, Credit Card Offers, Offers
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