Prepaid Debit Card News
- Consumers now starting to open store debit accounts instead of credit
Category: Prepaid/Debit Card News
January 14, 2012
Because consumers are sometimes reluctant to open new credit card accounts these days, some major retail chains are now offering them an alternative when it comes to store-branded cards.more
- Bank of America debit fee ruled out
Category: Prepaid/Debit Card News
November 2, 2011
After considerable consumer consternation over its proposed fee for debit card use, Bank of America has reversed course and will no longer implement the charge.more
- Visa CEO says debit fees won't change card use
Category: Prepaid/Debit Card News
October 27, 2011
Though many consumers have said they would change their debit card spending habits in light of new fees proposed by some of the nation's largest banks, the world's top payment processor doesn't expect too much of a shift.more
- New debit fees may cause mass exodus from banks
Category: Prepaid/Debit Card News
October 26, 2011
Millions of consumers may end up switching their banks if proposed fees added to debit card accounts are put into place, and an even greater number might turn to credit cards instead.more
- New swipe fee rules now in effect
Category: Prepaid/Debit Card News
October 3, 2011
A new limit on the amount that payment processing companies can charge businesses for handling a debit card transaction went into effect over the weekend.more
- Bank of America to introduce debit card fees
Category: Prepaid/Debit Card News
October 1, 2011
As federal regulation of the banking industry continues to increase, one of the nation's largest financial institutions plans to start charging many consumers for the right to use their debit card to make purchases.more
- Debit card benefits continually cut
Category: Prepaid/Debit Card News
September 29, 2011
There may be a number of perks consumers could obtain from their bank just for using their debit card regularly, but more and more often, customers are finding those perks slashed as institutions try to cover declining revenues.more
- Prepaid cards likely to become cheaper
Category: Prepaid/Debit Card News
June 21, 2011
While some consumers may associate prepaid debit cards with higher fees than those for credit cards, a new move by one of the world's top card purchase processing networks may cause the entire industry to change.more
- Lenders may soon turn to prepaid card offers
Category: Prepaid/Debit Card News
June 20, 2011
A recent decision by one of the world's largest credit networks to begin offering a prepaid card to underbanked consumers may indicate a sea of change in the way lenders view issuing various accounts.more
- Bank-issued prepaid cards popular with government agencies
Category: Prepaid/Debit Card News
May 27, 2011
Many banks have turned to issuing prepaid cards in an effort to drive revenues lost to federal laws such as the Credit Card Accountability, Responsibility and Disclosure Act, and these accounts have become most popular with government agencies.more
- Debit card laws could affect eBay
Category: Credit Card Legislation News, Prepaid/Debit Card News
May 10, 2011
While the focus on the proposed limit for debit card transaction fees has largely been on the nation's largest financial institutions, some analysts now wonder if the rule would also apply to the Internet's most popular and biggest auction site.more
- Debit card scams becoming more common
Category: Prepaid/Debit Card News
April 13, 2011
Many consumers across the country may be wary of scams related to their credit card accounts, but a growing risk also comes from the threat of stolen debit card information.more
- Debit rewards programs getting the axe from banks
Category: Prepaid/Debit Card News
April 5, 2011
As banks face heavier regulation from federal agencies, they are now seeking ways to save more money on costly programs, including the elimination of popular debit card rewards programs.more
- Banks may begin offering more prepaid cards
Category: Prepaid/Debit Card News
April 2, 2011
As a result of both the growing popularity of prepaid cards and the rising fees banks are charging for previously free accounts, many financial institutions may soon begin offering prepaid cards to customers.more
- Transaction fee battle rages as deadline approaches
Category: Credit Card Legislation News, Prepaid/Debit Card News
March 14, 2011
In recent weeks, both the banking and retail industries have stepped up efforts to sway lawmakers' opinions over a proposed Federal Reserve Board rule that would limit the price businesses pay to process debit card transactions.more
- Consumers will try to avoid new bank fees
Category: Prepaid/Debit Card News
March 9, 2011
In the coming months, many financial institutions will introduce new types of fees on existing accounts as a means of making up for revenues lost to greater financial regulation, though most consumers say they will be loathe to accept them.more
- Credit networks commit to two-tiered swipe fee system
Category: Credit Card Legislation News, Prepaid/Debit Card News
March 7, 2011
While it was briefly feared that smaller banks would have to pay more to credit processing companies when a customer uses one of their debit cards to make a purchase, five major networks say they will use a two-tiered fee system instead. more
- Prepaid cards may be less expensive than checking accounts
Category: Prepaid/Debit Card News
March 5, 2011
While prepaid cards are often criticized for carrying high costs to consumers who use them regularly, a new study has found that they are less expensive annually than the average checking account.more
- Debit card fee changes may not hurt banks as badly as they claim
Category: Prepaid/Debit Card News
February 10, 2011
A recent proposal from the Federal Reserve Board would severely restrict the amount credit networks could charge retailers for processing debit card transactions, but experts now say this change would not do as much damage as banks claim.more
- JPMorgan Chase closes popular debit rewards program to new customers
Category: Prepaid/Debit Card News
February 1, 2011
One of the nation's largest banks will soon close registration of one of its most popular features in an effort to boost profits.more
- Expect debit card changes in 2011
Category: Prepaid/Debit Card News
February 1, 2011
Banks are expected to raise fees associated with debit cards in the coming year, and as a result, consumers who use this popular payment option will likely end up paying more.more
- Prepaid card fees continue to cost consumers
Category: Prepaid/Debit Card News
January 18, 2011
Over the holidays, many consumers likely received prepaid cards as gifts from relatives; however, they may not be aware of the high monthly fees some of these accounts carry.more
- New prepaid card can help parents teach kids about finances
Category: Prepaid/Debit Card News
January 12, 2011
While many teenagers remain uneducated about what it takes to properly deal with their finances, a new type of prepaid card may be able to help parents show them the way.more
- Gift card rules to be enacted soon
Category: Prepaid/Debit Card News
January 5, 2011
By the end of the month, businesses that issue gift cards will have to become compliant with federal regulations announced over the summer.more
- Travelex introduces microchip card for travelers
Category: Credit Card News, Prepaid/Debit Card News
December 20, 2010
When U.S. consumers travel in Europe, they will likely have difficulty finding a merchant that can process purchases made with an American credit card. But one company is now offering them a solution with a new kind of prepaid card.more
- Federal Reserve official says debit cards more popular
Category: Credit Card News, Prepaid/Debit Card News
December 3, 2010
As the national economy continues to improve and consumers do more to get their finances in order, many are turning to debit instead of credit as their primary payment method.more
- More consumers turning to debit cards
Category: Credit Card News, Prepaid/Debit Card News
December 1, 2010
Many recently released surveys indicate Americans may use their credit cards less this year than in years past. more
- Kardashians launch prepaid credit card line for teens
Category: Credit Card News, Prepaid/Debit Card News
November 9, 2010
One of the most popular reality television families is now entering the financial realm in an effort to teach teens how to handle their money responsibly.more
- Living without credit cards costs consumers
Category: Credit Card News, Prepaid/Debit Card News
October 12, 2010
Many consumers across the country are considered underbanked. Those that fall into this category will face higher costs for everyday transactions as a result. more
- Government announces direct deposit on veteran debit card accounts
Category: Credit Card News, Prepaid/Debit Card News
October 1, 2010
In an effort to help increase the ease with which veterans can make their daily transactions, the Treasury has introduced a new system for its popular Direct Express debit card.more
- Sony rolls out new payment plan for PlayStation
Category: Credit Card News, Prepaid/Debit Card News
September 29, 2010
In the past, consumers who wanted to sign up for the PlayStation Network to play their favorite video games online had to use a credit card, but that is no longer the case.more
- Some Consumers Prefer Online Shopping Without Credit Cards
Category: Credit Card News, Prepaid/Debit Card News
September 16, 2010
Consumers who want to purchase items online without using their credit card have few payment options, and more than a quarter of shoppers say they want more.more
- Gift card changes won't affect prepaid credit or debit accounts
Category: Prepaid/Debit Card News, Credit Card Legislation News
August 19, 2010
Beginning on Sunday, the changes to the rules affecting gift cards that were mandated by the Credit Card Accountability, Responsibility and Disclosure Act will go into effect. However, some consumers may be surprised to find they don't affect prepaid or reloadable credit and debit cards.more
- Report: Prepaid cards increasing in popularity
Category: Prepaid/Debit Card News
June 28, 2010
A greater number of Americans say they have received network-branded gift cards in the last year.more
- AmEx launches prepaid card for parents, teens
Category: Prepaid/Debit Card News, American Express Credit Card News, Credit Card Legislation News
May 6, 2010
A new prepaid card called PASS may give parents more control over their children's finances.more
- Debit info would be limited by New Jersey law
Category: Prepaid/Debit Card News, Identity Theft News, Credit Card Legislation News
April 23, 2010
If passed, a law in New Jersey would aim at reducing identity theft by limiting debit card information on receipts.more
- Fed creates publication for gift-card rules
Category: Prepaid/Debit Card News, Credit Card Legislation News
April 21, 2010
The Federal Reserve Board has published a primer on gift card rules set to take effect in August.more
- Javelin: Prepaid, gift card use down last year
Category: Prepaid/Debit Card News
April 3, 2010
Though the use of prepaid and gift cards fell last year, new regulations from the government may encourage consumer trust.more
- Consumers Union calls for additional gift card regulation
Category: Prepaid/Debit Card News, Credit Card Legislation News
March 30, 2010
New rules from the Federal Reserve Board will limit fees on gift cards, though a consumer advocacy group says more could be done.more
- Fed gift card rules introduced
Category: Prepaid/Debit Card News, Economy News
March 25, 2010
The Credit CARD Act calls for new rules for gift cards, and the Fed complied recently with regulations set to take effect in August.more
- Prepaid credit cards won't boost credit score
Category: Prepaid/Debit Card News, Secured Credit Card News
March 16, 2010
Prepaid credit cards don't give consumers the option of building a credit score.more
- Prepaid cards may help profits at Visa, MasterCard
Category: Prepaid/Debit Card News, Visa Credit Card News, MasterCard Credit Card News
March 5, 2010
Could also boost bottom line of other companies.more
- Secured credit cards an option for students
Category: Prepaid/Debit Card News, Student Credit Card News, Secured Credit Card News
February 25, 2010
New law makes it harder for young people to build credit score.more
- Credit cards still the top option consumers chose for online transactions
Category: Prepaid/Debit Card News, Economy News
February 18, 2010
Alternatives, like prepaid credit cards, will grow in coming years.more
- Target launches program to make cards work through mobile phones
Category: Prepaid/Debit Card News
February 16, 2010
Consumers can store information for later access.more
- Payroll cards may see increased interest from businesses
Category: Prepaid/Debit Card News
February 12, 2010
Companies and governments use the cards.more
- Evans: prepaid cards a top innovation
Category: Prepaid/Debit Card News
January 12, 2010
Allow greater payment convenience.more
- Credit cards may offer more protection than debit
Category: Prepaid/Debit Card News
January 8, 2010
Federal law provides consumers with avenue for disputes.more
- Theft of gift cards increasing among employees
Category: Prepaid/Debit Card News
January 5, 2010
Workers may fake transactions to complete caper.more
- Fed notes payroll cards becoming more popular
Category: Prepaid/Debit Card News
January 1, 2010
Have been subject of federal regulation since 2007.more
- Prepaid credit cards may have been helped by economic downturn
Category: Prepaid/Debit Card News
December 31, 2009
Some consumers use them to help with budgeting.more
- Prepaid card may save consumers money when traveling
Category: Prepaid/Debit Card News
December 30, 2009
Travel cards avoid currency conversion fee typical for regular credit cards.more
- Companies take notice as some consumers turn to prepaid credit cards
Category: Prepaid/Debit Card News, Economy News
December 28, 2009
Accounts offer parents an option for their children.more
- One option for underbanked is a prepaid credit card
Category: Prepaid/Debit Card News
December 16, 2009
Market for cards could still increase.more
- Unbanked households may turn to prepaid credit cards
Category: Prepaid/Debit Card News, Economy News
December 4, 2009
A number of people have turned away from using traditional bank accounts.more
- Visa offers new prepaid card
Category: Prepaid/Debit Card News
November 18, 2009
New card aimed at those who may not have a bank account.more
- Prepaid cards popular holiday gift
Category: Prepaid/Debit Card News
October 28, 2009
As consumers consider the holiday season, many plan on buying gift cards.more
- Prepaid credit cards act as alternative to other accounts
Category: Prepaid/Debit Card News
October 26, 2009
Rather than deal with fees associated with checking accounts, some people are turning to prepaid cards.more
- Prepaid credit cards may help save money
Category: Prepaid/Debit Card News
October 19, 2009
A recent study shows that some consumers may find it better to use prepaid cards, which would include prepaid credit cards.more
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