Global card facts 2019 reveal there is booming competition outside the U.S. for payment cards (credit + charge + debit + prepaid), especially for Visa and Mastercard. The number of payments cards-in-force globally for the four largest U.S.-based networks topped 5.6 billion this year, growing about 7% annually. American Express and Capital One are experiencing…
Prepaid cards gained more popularity last year, capturing nearly 5% of the U.S. market based on payment card annual dollar volume. Totally, purchase volume on credit, charge, debit and prepaid cards tallied to nearly $7 trillion in 2018. Most consumers would correctly guess Visa and Mastercard are the most popular payment card brands in the…
The latest and greatest in payment technology for debit and prepaid cards is not just reserved for the “Big Gorilla” national banks. Commerce Bank, a mid-west regional bank, has added wireless, or contactless payments technology, to its line of debit and reloadable prepaid cards. Swipe, Dip or Tap Customers will now be able use their…
About 29% of dads say they prefer to receive gift cards this Father’s Day. Meanwhile, more than half of dads named useless gadgets the worst type of gift they could receive this year. A new survey from Capital One looked at how Americans plan to celebrate Father’s Day this year, with almost half planning to…
CSL Plasma has unveiled the payment industry’s first cash-back plasma donor prepaid card. Wirecard is powering the CSL Plasma Visa, cash-back rewards program for businesses to drive loyalty and customer satisfaction by providing cash rebates for everyday spending activities. The cash-back option was introduced to support the Platinum level loyalty tier of CSL Plasma’s new…
Mastercard has launched a new platinum travel card enabling issuers to offer exclusive benefits and features to customers traveling abroad. The card can store balances of multiple currencies, and exchange rates can be locked in before any trip for peace of mind. Travelex just launched its version on the new Mastercard Platinum Travel Card in…
Blackhawk Network has launched its first website for businesses to purchase prepaid cards as rewards in Canada. The website provides businesses of any size with a single, convenient online store to purchase bulk orders of a variety of well-known branded egifts, including those in the retail, dining and gaming industries, or to customize their own…
The Mastercard Huduma Card in Kenya supports Kenya’s Vision 2030 that calls for reforms in public services to enhance accountability, transparency and efficient service delivery, with focus on developing a cashless economy. The Huduma Card is a prepaid card with chip and PIN technology that will connect all Kenyans to the formal financial sector by…
Gift Card Granny says some discount gift card exchanges are not adhering to consumer protection standards and are ripe for potential fraud. The meta site partnering with discount gift card exchanges, has established the first Consumer Protection Standards amongst its vetted partner base. Granny’s unique relationship with both the gift card buyers and sellers has…
There is a simple way to dump gift cards you do not want or pick up new ones on the cheap, it’s called an exchange. However, make sure you are dealing with a firm on the up and up. Through Cardpool, consumers can buy gift cards for up to 35% off and sell gift…
