accountthe Federal Reserve Bank to limit the size of processing fees banks charge merchants for transactions paid by debit...
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DEBIT CARD INDUSTRY
The debit card industry is a multi-billion dollar machine that helps drive bank profits and point-of-purchase consumer sales. Growing in popularity, debit cards are also redefining traditional payment options in the business and government sectors, with things such as food stamps, unemployment, benefits, and payroll being dispersed through debit cards. This topic covers the debit card industry’s growth, as we move to an even more digital society without less need for paper money.
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News
Recent news on this topic.
Bank of America to take the $10.4 billion charge limits fees banks can collect when merchants accept debit cards.
post on the Economix blog, Catherine Rampell writes about a new study that suggests paying with credit or debit cards...
charge to its third-quarter earnings because the new regulations limit fees the bank can collect when retailers accept...
gained $1.61, or nearly 15 percent, to $12.61 in Tuesday afternoon trading. NetSpend, which offers prepaid debit cards,...
NetSpend Holdings Inc., which offers prepaid debit cards, said Monday that it priced its initial public offering of 18.
cost of printing and mailing statements and the reward programme that cardholders are entitled to. In case of debit...
NetSpend also has a 5 percent stake in Meta, which issues 71 percent of the company's prepaid debit cards.
partnership, Sage customers will be able to conveniently and securely expand their payment options by accepting credit...
* Meta issues 71 pct of NetSpend's prepaid debit cards NEW YORK, Oct 13 (Reuters) - NetSpend Holdings Inc (NTSP.
A Walmart surveillance video from Oct. 31, 2009, shows a cashier processing four Walmart Visa debit cards, worth $2,012...
hurt the bank's revenue. Tuesday's federal-court suit by one of the nation's biggest issuers of debit cards marks one...
Stock Buzz) and Target Corp (TGT.N: Quote, Profile, Research, Stock Buzz) to shift their cost for accepting debit cards...
to offer a discount, but it was too cumbersome for most merchants," he says. ���Discounts for using debit cards.
of shoppers were caught up in 'chaos' at the checkouts yesterday after a computer glitch meant credit and debit cards...
turn over its fare-collection system to private companies that would allow riders to pay fares using credit and debit...
Debit card fraud can happen a number of ways. ATM skimming, gas pump skimming, or point of sale skimming are a few.
NEW YORK (CNNMoney.com) -- Prepaid debit cards are similar to regular debit cards in the way payments are made, and...
While consumers have done their part by shying away from exceeding new credit limits and turning increasingly to debit...
website- hartrans.gov.in/volvo.htm. People could use the online service for ticket booking through their credit or...
Americans are shunning their credit cards and using debit to avoid incurring more debt , said Javelin Strategy &...
for purchases on the Internet, including gambling. The e-wallets draft monies from consumer bank accounts, credit cards...
loans. But careless consumers could end up racking up fees and padding bank profits. The pilot program using debit...
Of that, $24 billion is accounted for by credit-card transactions, and $30 billion by cash transactions (which includes...
YORK (TheStreet) -- Not that long ago, big banks were said to be run like "casinos," but the comparison is...
Top Sources: Debit Card industry
- pindebit.blogspot.com
- youngmoney.com
- BusinessWeek
- switchcommerce.com
- Boston Globe
- bloomberg.com
- Wall Street Journal Online
- Forbes.com
- ecomm-unity.com
- MarketWatch
