Annoyed With Your Chip Credit Card? You’re Not Alone

Credit Cards

Annoyed With Your Chip Credit Card? You’re Not Alone

Annoyed With Your Chip Credit Card? You’re Not Alone

Some consumers are so annoyed by the new chip-enabled credit cards that they’ve begun avoiding stores that require them, a survey from Mercator Advisory Group, a payment industry research firm, claims. That’s an unwanted headache for small business owners, especially those fighting for shoppers during the busy holiday season. The “avoiders” group is small but significant — 7% of consumers... Read More

Credit Card Technology Moving Forward to Reduce Fraud

Credit Cards

Credit Card Technology Moving Forward to Reduce Fraud

Credit Card Technology Moving Forward to Reduce Fraud

Credit card fraud in the U.S. is a major problem for issuers, payment processors and merchants alike, and a technology that is more or less ubiquitous in other counties could help to significantly reduce those issues in the future. “Chip and PIN,” technology is the standard in many major foreign countries across Europe and Asia,... Read More

Bank of America to Issue No-Swipe Credit Cards

Credit Cards

Bank of America to Issue No-Swipe Credit Cards

Bank of America to Issue No-Swipe Credit Cards

One of the nation’s largest credit card lenders recently decided to join the push among its competitors and begin issuing a new type of plastic to some of its more affluent customers, allowing them greater purchasing flexibility, security and availability both at home and when they travel overseas. Bank of America will soon begin issuing... Read More

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