News

JP Morgan to scrap digital wallet app Chase Pay  CNBC

J.P. Morgan Chase customers will no longer be able to pay with their phones in stores beginning next year.

What are the pros and cons of getting a credit card?  TechRadar

It's good to apply for your next credit card with your eyes wide open.

Late Card Payments Ease Unlike Car & Home Payments  Card Trak

Late Card Payments Ease in July Unlike Car & Mortgage Payments But It's Monthly Seasonal Math & Meaningless But Outlook is Concerning.

These moves can tank your credit score  CNBC

Experts warn that other moves you make can drag down your score.

Plastiq now available to US Visa commercial cardholders  Finextra

Plastiq today announced US Visa commercial cardholders can now use its platform to pay vendors, even those who currently do not accept card payments.

Debit Cards vs. Credit Cards for Teens  U.S. News & World Report

Parents can use credit or debit cards to help teenagers, with close supervision, learn responsible credit behavior and establish credit.

Mswipe’s Money Store Brings PoS Applications, Payment Tools For SMEs, Merchants  Inc42 Media

Mswipe Money Store is an added functionality on the company's smart PoS terminals, offering over 100 merchants-focussed productivity applications.

Need cash? Dont want to pay interest? ICICI Bank is here to help you! Get money now, pay later  Zee Business

ICICI Bank's PayLater is a digital credit product, similar to a Credit Card. Get more Personal Finance News and Business News on Zee Business.

Organic Payment Gateways Launches New Service Dedicated to Topical CBD Websites  Yahoo Finance

SCARBOROUGH, Maine, Aug. 21, 2019 /PRNewswire/ -- On their newly updated CBD payment focused site, Organic Payment Gateways explores the ...

Electronic challenge to cash grows in Switzerland  swissinfo.ch

Swiss consumers are slowly embracing new forms of electronic payments technology, but it may still be some time before they wean themselves off cash, ...

American Express wants S'pore man to pay S$4900. He did 11 years ago as he has receipt.  Mothership.sg

It's a credit card member's nightmare: Being told you have an outstanding amount from 11 years ago. Advertisement. And a bigger nightmare? Being told you still ...

Latin America and the Caribbean Credit Cards Market Report 2019-2023  PRNewswire

DUBLIN, Aug. 21, 2019 /PRNewswire/ -- The "Credit Cards in Latin America and the Caribbean: Financial Inclusion with Risk and Opportunity" report has been ...

Personal loan or line of credit: Which is right for me? | Mortgage Rates, Mortgage News and Strategy  The Mortgage Reports

Which should you choose? A personal loan or line of credit? It's not a difficult choice — once you know all about the two forms of borrowing. But not many people ...

Two-and-a-half years of Demonetisation: Cash rules, digital payments grow, credit cards drag  The Financial Express

Cash usage declines as the country becomes richer,” says the latest RBI report. However, the cash in circulation surged to Rs 21.16 lakh crore in June 2019, ...

RBS and NatWest glitch prevents bill payments  Software Testing News

A glitch in the Royal Bank of Scotland and NatWest's credit card system has meant that customers are unable to pay thier bills.

Abu Dhabi Airport Taxis Now Accepts Payment Via Credit Card  W7 News

The Integrated Transport Centre (ITC) in Abu Dhabi announced on Monday that taxi passengers can now pay using their credit card, following the ITC's collab.

Revolving Line of Credit: How It Works  Nav

How revolving lines of credit work, some of the best options for businesses, and why it's smart to open a revolving line of credit before your business needs it.

The Pros and Cons of Having a Joint Credit Card  Credit.com News

A joint credit card is one that is wholly owned by two people. That means that both people have an equal level of responsibility when it comes to the card.

Ransomware is everywhere — even in this sleepy Texas town  Los Angeles Times

When the ransomware attack hit Keene, Texas, at 2 a.m. last Friday, no one noticed.

DBS Bank to enter India's credit card market in 2020  Business Today

Southeast Asia's biggest bank DBS Group Holdings (DBSM.SI) is preparing to enter the local credit card market in India in 2020, a senior company executive ...

RPT-DBS Bank to enter India's credit card market next year  Reuters

Southeast Asia's biggest bank DBS Group Holdings is preparing to enter the local credit card market in India in 2020, a senior company executive said on ...

Facebook already faces ‘the first real competitor’ to crypto Libra  MarketWatch

Facebook has been scrambling to get its global cryptocurrency payment network called Libra off the ground, but challengers abound.

Japan’s JCB Card Adds Value to India’s Domestic Payment Scheme  PaymentsJournal

Since 1960, JCB was a well-run, domestic payment card in Japan. For four decades, there seemed to be little aspiration for meeting Mastercard or Visa in the ...

3 Online-Payment Processing Tips to Sell More Big-Ticket Items  Entrepreneur

If you want to further optimize your company's web sales, as well as reduce the risk of fraud in valuable transactions, it's crucial to have a trusted solution when it ...

How Many Credit Cards Is Too Many?  Reader's Digest

Find yourself juggling multiple credit card accounts? You might be overdoing it—here's what you need to know. Every product is independently selected by our ...

Now you can use your smartphone to pay for parking in downtown Holyoke  MassLive.com

The parking meters will still take coins for those who don't have or don't want to use a smartphone.

What is RuPay, the cash card Modi will launch in Abu Dhabi this weekend?  The National

Indian tourists and residents will be able to use the homegrown payments network, in a bid to promote financial inclusion outside of India.

14 Best Credit Cards with No Employment Check in 2019  CardRates.com

Most lenders want some sort of proof that you can pay back any loan that you receive. That goes for credit cards, banks, or a cousin who floats you a few bucks ...

Bagging debt for a bargain: Online shopping impacting credit use | Nest Egg  nestegg.com.au

Australians are regularly relying on money they don't have to make online purchases, a new survey has revealed.

Apple Card for iPhone: Available now, sign-up, credit rewards  CNET

Everything you need to know about the Apple's new payment card.

MYOB rewards program to let businesses “double dip” points  finder.com.au

Businesses will be able to earn credit card reward points and MYOB reward points to pay suppliers and employees.

Canada’s Best Credit Cards for People with Bad Credit 2019  MoneySense

Conventional wisdom may lead you to believe that if you have bad credit, you should swear off credit cards. But if you want to improve your credit score yo.

Mum-of-one had to pay £7,500 overdraft and credit card debts that ex left behind  The Sun

MUM-OF-ONE Amy Tweed was left to pay £7,500 in joint debts when her marriage broke down seven years ago. The factory worker, 31, ended up owing ...

Millennial Money: Make renting work for your financial goals  The Associated Press

"Renting is just throwing money away." "Renting is like paying someone else instead of paying yourself." You may have heard these opinions from family and ...

DBS Bank to enter India's credit card market next year  Reuters

Southeast Asia's biggest bank DBS Group Holdings is preparing to enter the local credit card market in India in 2020, a senior company executive said on ...

Modi’s digital India has a roadblock; not enough cards, machines for digital payments  The Financial Express

In the last five years, transactions made at the POS terminals shot up by four times from Rs 3 lakh crore in FY15 to Rs 12 lakh crore in FY19, but the facility for ...

NatWest and RBS customers hit by credit card glitch  The Guardian

NatWest and Royal Bank of Scotland customers have been hit by computer problems preventing them from accessing credit card information, and the bank's call ...

US Troops May Be Victims of Massive Credit Card Hack in South Korea, Military Says  Military.com

American troops may have been among the victims of hackers who stole information from more than 1 million credit cards.

Abu Dhabi Airport taxis roll out credit card payment option  The National

The new *service* allows passengers to pay through Apple Pay and Samsung Pay.

Capital One credit card customers hit by IT issues  MoneySavingExpert

Credit card provider Capital One has apologised for ongoing "technical issues", as customers say they are unable to log into their accounts or make payments.

Mastercard, Visa Can Profit From New European Payment Rules  Barron's

Mastercard and Visa are in the best position to profit from new European payments regulations that are slated to go into effect next month, Evercore's David Trout ...

5 Tips To Make The Most Of Your Credit Card  Goodreturns

While debt is still perceived to be bad, credit card which is a deliberately taken short term loan provides convenience when it comes to managing one's spending ...

SBI wants to scrap debit cards, promote digital payments through its ‘Yono' platform  The News Minute

While the government wants to push more people towards adopting the digital transaction mode, the country's largest public sector bank, State Bank of India ...

Credit and debit card usage globally  The Paypers

An overview of the usage of credit and debit cards worldwide, with insights from India, China, LATAM and the US.

Can a Gym Send You to Collections?  Credit.com News

You join a gym to get fit, but membership contracts and unexpected bills can potentially leave your credit score in bad shape. Fitness clubs may send your ...

Online Shopping Creating More Credit Card Debt For Aussies Than In-Store  B&T

Are credit cards and online stores a bad financial pairing? New research seems to indicate just that, with a significant proportion of Aussie credit card holders ...

Tim Cook shares stunning iPhone photos in honor of World Photography Day  iMore

Today happens to be World Photography Day and in honor of that, Tim Cook shared some truly stunning photos that were taken with an iPhone. In total, he ...

Finance charges: What they are and how you can avoid them  Bankrate.com

Finance charges can affect the total balance you pay on your credit card. Here's how they're calculated and how to avoid.

Here’s where your credit card debt goes after you die  Fox Business

When someone dies, their debt doesn't just go away, but it also doesn't automatically go to their loved ones, either.

Visa critical of India's move toward no-fee debit card transactions  Reuters

MUMBAI (Reuters) - Global card payments group Visa is critical of the Indian government's decision to boost adoption of electronic payments by requiring banks ...

Credit Cards and QR Codes: Breakthrough for Financial Inclusion or Too Many Cooks in the Kitchen?  PaymentsJournal

QR codes provide a radical change to payment acceptance, particularly in developing economies. Countries such as China and India embrace them as a ...

I've been using Apple's sleek new credit card for a week — here are the best and worst things about it so far  Business Insider

Apple is releasing its new credit card, the Apple Card, in August. Here's what it's like to use it, how its rewards work, and how to apply.

What Happens to Credit Card Debt When You Die?  U.S. News & World Report

Your estate rather than family pays your credit card debts after you die using assets such as your home, cars and investments in a complex process.

Bank of Ireland says issues with credit card systems are fixed  The Irish Times

AIB customers were having similar problems with its credit card system.

Abu Dhabi airport taxis to now accept credit card payments  Khaleej Times

Passengers taking a ride in taxis in Abu Dhabi will now be able to make payments using credit cards. The Integrated Transport Centre (ITC) on Monday ...

Credit card cos count cost of separation from banks  Globes

The first half results of Israel's credit card companies show the effect of becoming competitors rather than extensions of the banks.

Equifax settlement: Find if you are eligible, file an FTC claim, see what you may get  CNET

If you're among the 147 million people whose data was exposed in the 2017 Equifax data breach, you can now see if you're eligible to submit a claim to recover ...

Credit card debt: Young Aussies struggling to pay off holiday bills  NEWS.com.au

Four years ago, Jarrod Partridge and his wife racked up a $12000 credit card bill on a “no-expense spared” three-week holiday to Japan.

10 states where people have the best chance of paying off credit card debt  BenefitsPro

WalletHub examined which states might have lower levels of credit card debt and a good chance at paying off that debt.

Hy-Vee Payment Process Breach Exposes Customer Credit Card Info  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — If you fill up or eat at Hy-Vee, you may want to keep a close eye on your credit card statements. The company is investigating a ...

Maxing Out Mexico: Credit Card System Comes to a Halt  PaymentsJournal

Sometimes you want to be wrong with your forecasting. Credit card acceptance came to a halt during the end of summer/back-to-school season in Mexico, ...

Best Student Bank Accounts  moneyfacts.co.uk

Designed to meeting the financial needs of students, student bank accounts tend to offer the same features as standard bank accounts alongside ...

PLUS to introduce credit/debit card payment for tolls  Paul Tan's Automotive News

Highway concessionaire PLUS has announced that by the end of this year, in addition to Touch 'n Go (TnG) and SmartTAG, all PLUS highway users will be able.

Chase Bank dramatically CANCELS all credit card debts saving Canadian customers millions  The Sun

CHASE Bank has dramatically cancelled all debts of its two Canadian credit cards as it exits the country's market. Customers using the Amazon.ca Rewards Visa ...

Brit in 'horrendous' Prague jail facing extradition to Qatar for ‘late credit card payment  Daily Star

A BRIT is facing extradition to Qatar after being arrested in Prague and thrown in jail on his way to see his sick mum over a late credit card payment.

'It's crazy': Chase Bank forgiving all debt owed by its Canadian credit card customers  CBC News

Finally, a good news story about credit card debt. U.S.-based Chase Bank is forgiving all outstanding debt owed by users of its two Canadian credit cards: the ...

Are Credit Card to Credit Card Payments Possible?  Credit.com News

When a cash crunch makes it difficult to pay credit card debt, can you just charge it to another card?

How Apple's credit card will transform the way you spend money  Telegraph.co.uk

Apple's latest piece of hardware bears many of the physical hallmarks of its famous gadgets.

Credit card late fees are costing Americans more than $3 billion, but it's easy to avoid them  Business Insider

A recent report found that Americans paid more than $3 billion in late credit card payment fees this year. Here's how you can avoid those charges.

New credit card payment rules for Quebecers take effect today  CBC News

Quebec's new rules on minimum credit card payments, which take effect Thursday, will likely be followed closely by other provinces, the head of a consumer ...

Firms slow in applying to gov't program to ease tax hike impact  Japan Today

The Meat Guy offers a wide variety of *fresh* meats online. Delivering anywhere in Japan, choose from over 500 premium meats! Order Now ...

Credit card Opal payments for Sydney buses  The West Australian

Contactless transport payments will be rolled out to Opal-enabled buses from August, NSW Transport Minister Andrew Constance announced on Sunday.

What are the best bank and credit cards for me to use abroad?  This is Money

Jetting off for your summer holiday? Leaving your travel money to the last minute could cost you, so why not choose a no fee credit or debit card instead that ...

I have almost 30 credit cards — here's how I keep track of pay dates, benefits, and rewards balances  Business Insider

I have more than 30 credit cards, and these are my favorite tools for keeping track of benefits, remembering payment dates and monitoring my spending.

HSBC credit card compensation bill could rise to £11m  The Guardian

HSBC extends scheme to extra 18500 customers overcharged on debt payments.

Is this the future of credit card payments?  Yahoo Finance

Is NatWest's new payment plan the sign of things to come? And can it save you money?

Chrome lets users pay with credit cards saved in their Google accounts  Marketing Land

Signed-in Chrome users can now use payment methods that are saved to their Google accounts during the checkout process, Google announced this week via ...

NatWest launches new interest-free way to pay off large shopping purchases with credit card repayment plan  The Sun

NATWEST will offer credit card customers an interest-free repayment plan for expensive goods. From today, customers can opt to pay off large purchases ...

I paid off $8,000 of credit card debt by paying more than the minimum  INSIDER

She didn't realize that paying only the monthly minimum payment wasn't enough, and her credit card debt continued to grow.

The best debit and credit cards to use for your summer holidays  The Guardian

When you're packing for your summer holiday this year, don't forget to pay attention to your plastic. Pick the wrong card to use abroad and you will probably end ...

UPDATE 1-Turkey eases credit card payment rules to support consumption  Reuters

Turkey's banking watchdog has eased payment regulations for credit cards, raising the maximum number of instalments and cutting repayment levels as it looks ...

7m people blocked from card payments by IT glitches – Which? News  Which?

Banking IT glitches and outages have prevented more than seven million people from making payments on their credit or debit cards in the past year, new ...

Could your credit card be suspended?  Which?

Millions of borrowers with longstanding credit card debts will get a final warning to increase the pace of their repayments this month or face tough action.

5 Best mobile card readers  Startups.co.uk

Looking for a mobile card reader, UK provider? Or simply in need of some mobile card payment machine quotes – whatever you need, we've got you covered.

China’s UnionPay joins Europe credit card battle  Financial Times

China UnionPay, the world's biggest card issuer, is to start offering debit and credit cards in Europe for the first time as the Chinese state-controlled giant ...

New rules mean your credit card could be suspended if you don’t pay back debt  The Sun

MILLIONS of credit card borrowers who are persistently in debt could soon see their accounts suspended or be enrolled into repayment plans. This has been the ...

NatWest launches new top balance transfer credit card with 23 months 0% interest  The Sun

NATWEST has launched a balance transfer credit card that gives you 23 months to pay off your debts at a 0 per cent interest rate. Even better, it doesn't charge a ...

'Don't ignore' credit card warning letters  BBC News

Providers could suspend credit cards if persistent borrowers fail to speed up repayments by March.

Guide to Starting to Accept Credit Card Payments for Your Small Business  London Post

Businesses evolve over time, and one of the major parts of strong growth is moving to digital cash flow. Studies have shown that credit card acceptance ...

Can a credit card payment be reversed?  Motley Fool UK

Credit cards provide consumers with significant protection when they are seeking a refund for a good or *service*. In fact, they offer greater protection than cash or ...

Apple launches credit card touting privacy and security  Dezeen

Apple has made its first foray into financial services with a numberless Apple credit card that uses Apple Pay, launched with Goldman Sachs.

Apple Card  Apple Newsroom

Apple Card is a new kind of credit card created by Apple. And built on the principles of simplicity, transparency, and privacy.

Credit card firms warned on 'snowballing' fees – Which? News  Which?

Credit card companies have been warned by the UK's financial watchdog to avoid piling on extra fees when customers have trouble paying their bill.

Crackdown on banks charging millions of customers late payment and over-limit charges  The Sun

Some firms applied charges when customers missed multiple payments or made late payments, which should have been a sign they were struggling, according ...

MBNA app and online glitch leaves customers unable to make debit card payments  The Sun

The issues started this morning - the same day as the MBNA website and app was given a new look.

'I'm 29 and I'm in £60k of credit card debt…'  BBC Three

Liam*, 29. I was 24 when I got my first job in finance and I was desperate to fit in. My colleagues wore expensive suits and seemed to have endless funds for ...

Global spending on cards set to reach $45tn by 2023  Financial Times

What does the chart show? It shows the rise in worldwide card spending from 2011 to 2017, including forecasts suggesting the value of card payments will reach ...

Card surcharges: Customers charged hundreds illegally  BBC News

The University of Hull was among businesses illegally charging customers more for paying by card.

At last, US banks are introducing contactless cards  Financial Times

Issuers which are first with long-delayed technology are set to reap benefits.

Lloyds and Halifax scrap credit card payment perk – Which? News  Which?

Lloyds Bank, Halifax and Bank of Scotland have stopped reducing direct debits when credit card customers make manual additional payments, which could lead ...