All articles by Sandra Nielsen
Sandra Nielsen
Cards add billions to worldwide GDP
Growth in the use of electronic payment products, such as credit and debit cards, has added billions to worldwide GDP, says a study conducted for Visa by Moody’s Analytics.
Contactless payments on the rise on London buses
More than 700,000 London bus users have used contactless cards to buy a ticket to ride since the launch last December, and numbers are on the rise, says Barclaycard.
US rule eliminates cap on credit card fees
The Consumer Financial Protection Bureau has revised a federal rule limiting credit card fees since 2011. The rule was initially issued by the Federal Reserve Board in order to limit the amount of fees charged when opening a credit card account.
Banco Sabadell Launches NFC Trial
Spain’s sixth largest retail bank, Banco Sabadell, has partnered with Telefonica and BlackBerry to initiate a pilot test for NFC payments with mobile phones.
Contactless cards gain momentum in Turkey
Turkish banks have succeeded in developing new products and services that appeal to the Turkish public, as contactless cards reach an all-time popularity high.
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US debit networks back Discovers bid to develop common platform for EMV chip
Discover will provide a common debit application identifier for the US migration to EMV Chip and PIN, after beating out competition from MasterCard and Visa.