Debit Card Use Helps Boost Visa Profits 33%

Visa, the world’s largest electronic payment network, beat forecasts and reported a fiscal first quarter profit jump of 33 percent, with its growth in debit card payment transactions outpacing credit cards ...

Blippy: Twitter for Credit Card Users Goes Public

Blippy, the Twitter-like social media site that displays how much you’ve spent and what you’ve purchased with your credit or debit card is now live to the general public. Blippy has been tried by about ...

FTC Wish: Tweet Consumer Tips for Holiday Shoppers

The Federal Trade Commission, the nation’s consumer watchdog, would like Twitter and other social media users to help alert Christmas shoppers of credit scams and provide tips to protect cash, gift cards and ...

Cyber Monday Deals Loom Larger This Year for Shoppers

The term didn’t even enter the American lexicon until 4 or 5 years ago, but Cyber Monday, the day following Thanksgiving weekend, is looming more vital then ever this year for struggling retailers and credit ...

Credit Card Slump: Up to 33% Fewer Xmas Shoppers to Use Plastic

Cyber Monday online sales showed healthy increases over last year, but the credit card industry is bracing for an overall  gloomy forecast: Up to one-third fewer Americans say they will put gifts on charge cards ...

Fed Prohibits Some ‘Costly’ Overdraft Fees on Debit Cards

The Federal Reserve has responded to a wave of consumer complaints over unrestricted debit card fees by making it more difficult for banks to charge certain overdraft fees. In new Fed rules announced today, financial institutions ...

Banks Make Moves to Ease Debit Card Overdraft Fees

Under attack for excessive overdraft fees from consumers, legislators and even  disgruntled customers on YouTube, three of the largest U.S. banks have changed their  debit card rules by lowering or eliminating ...

Debit Card Rewards and Usage Keep Surging – with No End in Sight

There is no letting down in the popularity of debit cards. So much so that by next year more than half of debit card issuers will have a rewards program. And, in another six years, debit card transactions will account ...
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