Desjardins and MasterCard Bring New Payment Options to Canadians

The Desjardins Cash Back MasterCard card will be offered with no annual fee and include up to 1% cash back on sales. The Desjardins Cash Back World MasterCard card will be offered with an annual fee of $50 and include up to 2% cash back. It will also feature Rental Vehicle Collision/Loss Damage Insurance. “We’re

MasterCard: U.S. Consumers and Merchants Benefit from Security of Chip Cards

With just hours before the October 1 liability shift, new data from MasterCard reveals that 40 percent of all U.S. MasterCard-branded consumer credit cards feature EMV chip technology. According to a Payments Security Task Force forecast announced earlier today, the number of chip cards in the U.S. will to grow to 60 percent by the

Xoom Launches Service to Hong Kong

Xoom Corporation, a leading digital money transfer provider, announced the launch of its money transfer service to Hong Kong. This bank deposit service allows immigrants from Hong Kong and other individuals to conveniently send money online to bank accounts in Hong Kong with their U.S. bank accounts, credit cards, or debit cards. “We are thrilled

MyPoints Launches Swappable Mobile App to Allow Consumers to Buy, Share, Personalize and Swap Gift Cards

Loyalty marketing service MyPoints.com, Inc., a subsidiary of United Online, Inc., announced the launch of Swappable, a mobile app available on both the App Store and Google Play, which allows users to purchase, share, personalize and swap gift cards from a variety of merchants. Gift cards can be purchased through the Swappable mobile app using

FNBO and First Bankcard Launch TravElite American Express Card

First National Bank of Omaha (FNBO), part of the largest privately owned banking company in the United States, and First Bankcard, a division of First National Bank of Omaha and a leading issuer of credit cards, announce the launch of the First National Bank of Omaha TravEliteSM American Express Card designed specifically for frequent travelers.

Credit Cards Maintain Their Lead in Global Online Payments, with Alternatives Encroaching

Hamburg-based secondary research organization yStats.com has released a new report: “Global Online Payment Methods: First Half 2014“, which reveals that credit cards continue to have the largest share of global B2C E-Commerce payments and are likely to maintain that lead in the near future. However, the fastest growing alternative methods, digital wallets and mobile payments

Credit Cards Gained Market Share Against Debit and Prepaid Cards in 2013

Credit cards gained market share against debit and prepaid cards for the third year in a row in 2013, according to the annual report on U.S. payment card spending at merchants published by The Nilson Report, the top trade newsletter covering the card and mobile payment industries. The purchase volume — spending for goods and

U.S. Bank and American Express Announce Card-Issuing Agreement

U.S. Bank and American Express announced that U.S. Bank will offer credit cards accepted on the American Express network in 2014. “We actively listen to our customers and are focused on delivering the right financial solutions that best meet their needs,” said Pam Joseph, Vice Chairman of U.S. Bank. “We believe that the American Express