The credit processing company says it wants to track your location using your smartphone to reduce declined transactions and prevent fraud.
Visa says it will begin putting a seal on prepaid cards to designate them as offering consumer protections.
Wells Fargo expands its offering of EMV chip credit cards to its Visa credit cardholders.
Leave tips in the jar with a credit card, pay less for gas with a Walmart card, and pay more for airfare with a credit card.
Discover issued a mandate for retailers and their banks to accept EMV chip cards by 2013.
Here is LivingSocial’s deal of the day: a new credit card. The second-biggest daily discount website is launching a co-branded credit card with Chase, according to an interview the company’s CEO gave Reuters last week. The no-annual fee card will carry Visa’s logo and be available to all LivingSocial’s subscribers. Cardholders can earn 10 credits
American Express cardholders charged more on their credit cards last year than those with MasterCards, the first time that’s happened since the 1960s. The figures released Wednesday by The Nilson Report showed that consumers spent $540 billion on their American Express cards in 2011, up 13.4 percent from the previous year. That was enough to
It looks like this Valentine’s Day will be a bit less lovey-dovey than last year’s, according to a survey last week from Visa. Americans plan to spend $117 on their sweethearts this year, down 3 percent from $121 in 2011. And ladies, the gentlemen are the ones ponying up the most. Men said they will
It won’t be long before a chip credit card finds its way into your wallet. Visa said Monday that issuers handed out an estimated 1 million EMV-enabled Visa cards as of the end of last year. That’s up from virtually zero a year and a half ago, according to the global payments technology company. (The
MasterCard is putting more weight behind its push to bring EMV debit and credit cards to the U.S. The credit card company said Monday it’s offering U.S. retailers and ATM owners a road map to make their point-of-sale terminals and cash machines EMV-friendly by April 2013. The company was vague on details, but it did