Debit / Credit News & Media
Dove study contrasts debit markets in U.S., Canada
February 11, 2004
HOUSTON - The U.S. debit payments system saved cardholders more than $4.3 billion in fees last year when compared to the system utilized in Canada, according…
read nowBrits using debit cards more overseas, in ATMs and at POS
February 1, 2004
LONDON - An £8 million (U.S. $14.5 million) campaign by Switch/Maestro that features a pair of adventurous penguins on holiday in Venice and Paris has helped…
read nowReport finds debit card usage has quadrupled since '95
January 26, 2004
NEW YORK - U.S. consumers use debit cards for financial transactions four times more frequently than they did nine years ago, according to "The U.S. Market for…
read nowConcerns about payroll cards grow along with popularity
January 7, 2004
WASHINGTON, D.C. - Introduced in the late 1990s, the popularity of payroll cards has grown in the past two years, especially as Visa and MasterCard started…
read nowPaySpot buys top-up provider
January 5, 2004
LEAWOOD, Kan. - PaySpot, Inc., a subsidiary of Euronet Worldwide, Inc. (Nasdaq: EEFT) that provides prepaid services in the United States, has acquired 10…
read nowUAE's central switch adding POS services
January 5, 2004
UNITED ARAB EMIRATES - The UAE Interbank switch is being upgraded with point-of-sale services, according to a report in the Gulf News.S2 Systems will upgrade…
read nowAustralians like electronic transactions during holidays
December 28, 2003
SYDNEY - Australians appear to have hit the plastic hard during an end-of-year spending spree that included almost 8 million electronic card transactions for…
read nowIowa mandates electronic child support payments
December 23, 2003
DES MOINES, Iowa - U.S. Bancorp (NYSE:USB) and the State of Iowa have implemented a payment program where the state disperses child support payments on a…
read nowCard transactions jump 103% in India in '02
December 9, 2003
MUMBAI, India - Transactions made with both debit and credit cards in India increased 103 percent, to $4.2 billion, in 2002. This includes both cash…
read nowDiebold, Concord EFS team up on packaged programs
October 26, 2003
MEMPHIS, Tenn. - Concord EFS and Diebold are teaming up to develop, market and deliver a package of turnkey ATM outsourcing services, according to a news…
read nowCashWorks intros prepaid debit card at c-store chain
October 21, 2003
DALLAS - CashWorks, Inc., a provider of automated payroll check cashing solutions, is introducing a new CashWorks Platinum Card in Kum & Go convenience…
read nowWells Fargo to use Visa for ATM transactions
October 20, 2003
SAN FRANCISCO - Wells Fargo & Co. says it will use Visa's Plus network rather than MasterCard's Cirrus ATM network or the Star network for its ATM…
read nowACI supports Barclays during UK chip card trial
October 15, 2003
LONDON - ACI Worldwide, an international provider of transaction processing software, says that its BASE24 platform was successfully used by Barclaycard…
read nowOhio dropping smart cards for EBT program
October 12, 2003
COLUMBUS, Ohio - Ohio has dumped the smart cards it used to replace paper food stamps. The cards cost Ohioans $22 million a year, according to an Associated…
read nowJapanese bank plans to issue smart cards
September 28, 2003
TOKYO - Bank of Tokyo-Mitsubishi plans to introduce a chip-based, multifunctional ATM card that uses fingerprints to verify the identity of cardholders along…
read nowNYCE expands into Canadian ATM, debit markets
September 21, 2003
MONTVALE, New Jersey - NYCE Corporation and Celero Solutions, a Canadian information technology company that serves 244 credit unions in western Canada, have…
read nowCard associations working to increase debit penetration in S. Africa
September 21, 2003
CAPE TOWN, South Africa - Visa and MasterCard are working with South Africa's government to find a way to bring debit cards to the 60 percent of South Africans…
read nowEuronet subsidiary expands top-up business in Poland
September 7, 2003
LEAWOOD, KANSAS and WARSAW, POLAND - Euronet Worldwide's (Nasdaq: EEFT) subsidiary, e-pay Limited, has launched electronic top-up services in the Polish…
read nowBack-to-back EFTA meetings cover prepaid products, effects of debit settlement
September 2, 2003
NEW YORK -- Attendees of "Future Debit: The Post-Settlement Landscape," an Oct. 1 meeting presented by the Electronic Funds Transfer Association's (EFTA…
read nowNY senator to propose debit fee disclosure
September 1, 2003
NEW YORK -- The New York Public Interest Research Group (NYPIRG), which produces an annual survey detailing ATM fees, has turned its attention to fees charged…
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