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Sprouts Farmers Market Hit by Credit Card Terminal Breach – Customers Alerted...
Sprouts Farmers Market, a privately owned chain of specialty grocery stores, is reporting that some of their customers who shopped their Southern California or Arizona stores during the month of...
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Live Fingerprints to Help Protect Consumers from Fraud
There’s a new technology in the work that may soon make it more difficult for thieves to steal your personal identity. Students at the School of Mines and Technology in western South Dakota are...
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MasterCard Launches New Digital Wallet – MasterPass
This year’s Mobile World Congress in Barcelona is off to a big start with MasterCard’s announcement that it is launching its new digital wallet called MasterPass. The new service will allow consumers...
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Americans Still Burdened by Credit Card Debt
While the economy may be seeing some signs of recovery, individual Americans may not be faring so well when it comes to their finances. Savings have been severely depleted and credit card debt for many...
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PayPal’s Max Levchin Launches Mobile Payments Startup Affirm
Max Levchin, co-founder of PayPal has launched Affirm, a new mobile payments startup. According to Kara Swisher of All Things D, Levchin has described his company as a digital charge card as opposed to...
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Visa Teams with Samsung to Offer Smartphones with Preloaded Mobile Wallets
The Mobile World Congress in Barcelona got off to a big start yesterday with MasterCard’s announcement of the launch of MasterPass, a digital wallet that will allow consumers to conveniently store all...
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Mumbai Credit Card Industry Projected to see Growth in the Year Ahead
The use of plastic over cash to pay for goods and services continues to grow around the world and Mumbai is no exception. After four years of rather slow growth, it looks like the credit card industry...
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Young Adults Facing Life Long Credit Card Debt
Recent research says that millennials, also known as generation Y or those born in the first part of the 1980s are using credit cards more and taking longer to pay off that debt. The study from Ohio...
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Mobile Payments may Spell the End of the Cash Register
The cash register may soon become obsolete. At least that’s the picture that those at this year’s Mobile World Conference in Barcelona would like to paint. In fact says James Wester, writer for Fast...
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Payment Provider Pastiq Raises $6 Million in Funding
Boston-based online payments solution provider, Plastiq has raised $6 million in series A funding in a round led by Atlas Venture and Flybridge Capital Partners bringing the total funding to $8.35...
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Why You Need to Switch to Credit Card Processing & Accept Credit Cards Today
Credit cards have offered the most convenient forms of payment for more than half a century. In light of the recent mobile boom, the ability to pay for anything from virtually any location has made it...
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Discover Launches Discover it – The Credit Card with No Annual Fees
Discover has laid their cards on the line in 2013 with their game changing credit card, the “Discover it” card. Described as “fair, generous, flexible and human” the card has no annual fees, no over...
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The New Technology in Credit Card Security
Credit card fraud continues to be a growing concern for consumers, retailers and credit card companies alike. By late 2012 the total losses due to stolen cards and identity theft stood at $6 billion....
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Visa and RIM Team up to Offer NFC BlackBerry
NFC or near field communication has been around for a while now but BlackBerry users will have the opportunity to take advantage of this technology. Research in Motion (RIM) says it will soon make it...
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Commerce Bank offers more Security with Chip-Enabled Visa Signature Credit Card
Commerce Bank says it will be making it easier and more secure for Visa Signature Credit Card customers to pay for goods and services while traveling abroad. The new card has an embedded Europay,...
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2013 Recommendations for Businesses Accepting Credit Cards
Phoenix Arizona based Capital Processing Network, a credit card processing and merchant services company recently offered some timely tips for retailers on accepting credit cards. A number of new...
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Washington D.C. Taxi Cabs Required to Accept Credit Cards by March 31
New regulations will soon make it necessary for Washington D.C. taxi drivers to accept credit cards. The new rules which will take effect March 31 were slated for an earlier date but were put on hold...
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Understanding Online Credit Card Processing [Infographic]
Have you ever wondered how credit card processing works or what happens to your online payments once you make that purchase using your credit card? Checkout Merchants recently created an interesting...
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DengiOnline Teams Up with Eco Card to Provide Customers with An Additional...
Payment system aggregator, DengiOnline, a subsidiary of Payelp, recently announced a partnership with Eco Card an international electronic payment system, making it possible for merchants of both...
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Mobile Payments could reach $670 Billion by 2015 [Infographic]
Are traditional cash payments soon to be a thing of the past? According to an infographic from digital marketing company Acquity Group, physical wallets are quickly being replaced by mobile smartphone...
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Additional Credit Card Fees to take Effect in Many States
It could start costing you more when you use your credit card at the checkout. Starting this week many states will begin charging customers an additional 4 percent every time they use their credit...
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Shopping Online for the Best Deals in Credit Card Terminals
Credit card terminals are an important part of doing business in today’s world. They provide a convenient and more secure way for consumers to shop and make the entire credit card process easier for...
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Choosing a Credit Card Processing Company for Your Business
As consumers move more and more toward a cashless society, it becomes more important than ever that merchants are on board to accept credit cards as the favored form of payment for goods and services....
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Why Leasing a Credit Card Machine May Not be a Good Option
If you’re a startup business with a limited budget it might seem like a smart idea to lease your credit card machine as opposed to paying out thousands of dollars to purchase it outright. But the truth...
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Credit Card Machine Mandate for D.C. Taxis Still on Hold
In an earlier article we stated that Washington D.C. taxi cabs would be required to accept credit cards by March 31. This has not been the first delay and it looks like it’s not going to be the last....
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New Form of Credit Card Theft at the Gas Pumps
You might want to think twice about paying for your gas at the pump with a credit card. A new form of theft is on the rise that could put your personal information at risk and max out your credit...
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How the New Credit Card Swiping Fee Law will affect Merchants
Last month a new law went into effect allowing merchants to pass along the credit card processing fees to the consumer. The changes came about due to a July 2012 court ruling that sided with almost...
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More States Consider Banning the Credit Card Swipe Fee
While the recent law that now allows merchants to pass along the credit card surcharges to their customers may have solved a problem for businesses, it now has consumers up in arms over having to pay...
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Feds Uncover $200 Million Credit Card Fraud Operation
U.S. Federal agents have arrested 13 people in four states and shut down what is being called one of the largest credit card fraud rings in history. The $200 million scam operation obtained credit...
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State Governments Exempt from Credit Card Surcharge Ban
The new credit card surcharge or credit card swiping fee law that went into effect last month has many consumers seeing red. The new ruling allows merchants in some states to now add the credit card...
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Credit Card Fraud – A Very Lucrative Business [Infographic]
As we reported recently, credit card fraud is a growing problem for consumers and a very profitable business for thieves, sometimes netting them hundreds of millions of dollars in ill-gotten monies. In...
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Accepting Credit Cards – A Necessity for Merchants
Instamerchant, provider of credit and check processing solutions has published an information sheet on the importance of merchants accepting credit cards in order to survive in today’s economy. As...
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Credit Cards Help Protect Consumers from Fraud
If you’re using your credit cards more than cash these days, you may be concerned about what you’ve been hearing in the news about the growing problems of credit card fraud. But the results from a...
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Prodigy Payment Systems Provides Added Security to Merchant Credit Card...
As consumers continue the move toward the convenience of shopping with credit cards, there is also a growing concern about the real dangers of credit card fraud every time a card is swiped at a place...
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U.S. Consumer Credit Card Debt Falls [Infographic]
It looks like U.S. consumers may be getting wiser about their spending habits and the credit card debt they’ve been racking up over the past several years. In a report released last year by the Federal...
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Integrity Payment Systems adds ROAMpay Mobile Payment Solution to Lineup of...
Credit card processing company, Integrity Payment Systems, has announced that it will now offer ROAMpay™ mobile Payment Solution to its merchants. ROAMpay is a mobile payment app and card reader that...
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Canadian Merchants Applaud Changes in Credit Card Contract Requirements
Canadian businesses are welcoming the updated interpretation released yesterday by the Financial Consumer Agency of Canada (FCAC) involving the 2010 Code of Conduct for the Credit and Debit Card...
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PayLocally Launches to Provide Online Payment Options
Sammamish, Washington based payment services provider PayLocally has announced its official launch offering online shoppers a way to make payments without using credit or debit cards. They simply need...
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How Consumers can get rid of the High Interest Rates on their Credit Cards...
Consumers are burdened with excessive credit card debt often due to the high interest rates they have to pay on their current balance. But in truth, according to a recent infographic on Creditnet.com,...
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Most Americans won’t be using Plastic to Pay the IRS this Year
According to a recent survey by CreditDonkey, a credit card comparison site, Americans won’t be using their credit cards to pay their income taxes this year. Of the over 1100 respondents, just 12.4% or...
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Delinquent Credit Card Payments Rise
Consumers with past due credit card bills of 90 days or more rose from last year’s 0.78% to 0.85% this year, according to TransUnion, a provider of credit information and information management...
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When using a Credit Card is a Better Option over a Debit Card or Cash
John Oldshue from LowCards.com talks about a study by Javelin Research called Cash is No Longer King. The study takes a look at the ways consumers are paying for goods and services these days. Debit...
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Young Adults Turning away from Credit Cards
Mercator has just released a new report entitled Consumers and Credit 2012: Come Back, Young Cardholders that takes a look at the underlying forces that are causing young adults age 18 to 35 to use...
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Credit Card Swiping Fees Remain a Mystery for Merchants
For consumers, swiping the credit card to pay for goods and services has become a modern day convenience but for retailers, swiping the card may be a bit more like a game of chance. Merchants never...
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iZettle Releases New Credit Card Payment Device that Now Accepts Visa
Mobile card payments startup iZettle has just released a new chip and pin credit card payment device that now makes it possible for merchants to accept debit and credit card payments on their...
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Your Smartphone May Soon Replace Your Wallet [Infographic]
Smartphones are not only changing the way consumers shop but also the way they look at the need to carry wallets and even credit cards. An infographic entitled, Goodbye Wallets! takes a look at the...
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