Google Adwords To Nix Credit Card Payments from Biggest Customers

Select Google Adwords users will no longer be able to pay their bills by credit card. Clients and advertising agents described as "Large Customer Sales" accounts will soon be switched to an invoicing process to cover their monthly charges. According … Continue reading

Credit Card Terminals Stop Working Due to Expired Certificates

Thousands of credit card terminals shut down earlier this month, but for once, it wasn't the result of a data breach. Payment terminals made by Hypercom were originally developed with a 10-year expiration date on their cryptographic certificates. Those certificates … Continue reading

LowCards.com Weekly Credit Card Update–December 12, 2014

Bebe Stores Confirms Credit Card Breach Women's clothier chain Bebe stores inc. confirmed that hackers had stolen customer card data from stores across the country in a breach that persisted for several weeks last month. Bebe stores said its investigation … Continue reading

Joint Offer Made for Citibank’s Japanese Credit Card Business

Three potential buyers have emerged to take over Citigroup's credit card business in Japan. Citi currently offers Diner's Club credit cards in Japan but plans to exit the consumer banking industry in the country due to a low demand for … Continue reading

The LowCards.com Weekly Credit Card Rate Report for December 11, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

The States with the Lowest Holiday Credit Card Debt

Holiday spending is picking up steam throughout the United States as shoppers buy gifts for their loved ones. In the midst of this high-spending season, consumers in some states handle the shopping better than others. In fact, credit card debt … Continue reading

Google Cloud Now Complies with PCI Data Security Standards

Google announced last week that its Cloud Platform is now in compliance with the Data Security Standards set up by the Payment Card Industry. This means that developers can now use the Google Cloud Platform to handle credit card information. … Continue reading

Is LoopPay Better Than Apple Pay?

Apple Pay was announced with great fanfare three months ago, but a small company that began on Kickstarter called LoopPay may have already established a significant competitive advantage over Apple Pay. The big factor with virtual wallets is where can … Continue reading

LowCards.com Weekly Credit Card Update–December 5, 2014

What Happens When You Swipe Your Card? This holiday shopping season, you might worry that every time you swipe your credit or debit card some criminal might be swiping your account number and with good reason. The number of reported, … Continue reading

The LowCards.com Weekly Credit Card Rate Report for December 4, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Apple Making App Store More Convenient for Chinese Cardholders

In an effort to improve convenience for Chinese credit and debit cardholders, Apple has revamped its App Store specifically for China UnionPay cards. The new options available through the App Store will open the doors for more than 4.5 billion … Continue reading

New Year’s Credit Card Resolutions

We're approaching another new year, which means we all have a chance to focus and fix areas of our life with some New Year's resolutions. One resolution may be to get your credit card account in order so you can … Continue reading

7 Credit Cards That Offer The Longest 0% Intro APR

Obtaining an interest free line of credit is one of the most valuable offers available from a credit card issuer, especially for those who are trying to pay off their debt. In fact, there are many credit cards that offer 0% APR … Continue reading

Should I Use My Credit Card’s Chip and PIN Technology?

As America transitions to EMV credit card standards, many banks have already issued new cards to their customers that utilize Chip and PIN technology. If you have received one of these cards, you may be wondering, "Should I Use my … Continue reading

LowCards.com Weekly Credit Card Update–November 26, 2014

Disconnected: Millennials Talk Big, Do Little About Money Surveys continue to show a major disconnect between how optimistic many millennials are about their financial future and what they are actually doing to make sure they achieve their goals. In a … Continue reading

The LowCards.com Weekly Credit Card Rate Report for November 26, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Consumers Plan to Use Credit Cards for Holiday Shopping

Americans have seen a number of substantial data breaches since last year's holiday season, but that has not had a major effect on how they plan to pay for their items this Christmas. A new survey from TransUnion shows 80% of … Continue reading

Discover Enhances Cash Back Program

Discover has expanded its cash back rewards program just in time for the holidays. Discover cardholders can now cash in their rewards at any time, no matter how large or small they may be. In addition, the cash back bonuses … Continue reading

How Will Data Breaches Affect Holiday Shopping?

Holiday shopping is just around the corner. Americans are clearing the balances from their credit card accounts, making their gift lists, and waiting for the sales to start. But the slew of retail data breaches over the last year may … Continue reading

Seattle Parking Meters Swallow Credit Cards

Being able to pay a parking meter with a credit card is convenient--until the meter refuses to give back your card. That is the gamble that drivers in Seattle take these days, with meters swallowing an average of one card … Continue reading

LowCards.com Weekly Credit Card Update–November 21, 2014

Shoppers Just Don't Care About Credit Card Hacks If Target and The Home Depot are still reeling from the collective breach of 96 million customers' credit and debit cards, it didn't show in either company's earnings reports this week. Target … Continue reading

Canada May Allow Merchants to Decline Mobile Card Payments

As mobile payments increase in popularity, merchants in Canada are concerned about a possible increase in fees. As a result, the country's Finance Minister may announce an adjustment in Canada's code of conduct for credit and debit cards, allowing merchants to … Continue reading

The LowCards.com Weekly Credit Card Rate Report for November 20, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Top Exclusive, Luxury Credit Cards of 2014

Some people like to think of credit cards as luxury goods, much like fine jewelry or an expensive car. Yet for all the valuable benefits and attractive rewards offered by premium credit cards, they are still just financial instruments with … Continue reading

Square Unveils Reader for Chip-Based Credit Cards

Square has revamped its credit card reader to accept chip and PIN cards, and the new device can be preordered for $29. The reader accepts magnetic strip cards and smart cards, and it is compatible with Android and iOS devices. Merchants familiar … Continue reading

Top Holiday Credit Cards of 2014

In the United States, the holiday season is synonymous with shopping, and credit cards have become an indispensable part of the experience. Unfortunately, many shoppers end up applying for store credit cards during checkout, which offer less competitive terms and … Continue reading

LowCards.com Weekly Credit Card Update–November 14, 2014

New Consumer Protections for Prepaid Cards The Consumer Financial Protection Bureau is extending many of the financial protections of bank accounts to prepaid cards. New rules proposed Thursday by the federal regulator would require that prepaid card users be protected … Continue reading

Costco Could Replace American Express as U.S. Card Partner

After replacing American Express as its credit card provider in Canada, Costco is reportedly seeking bids from both a credit card issuer and a payment network for stores in the United States. In September, Costco Wholesale Canada announced their exclusive … Continue reading

The LowCards.com Weekly Credit Card Rate Report for November 13, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Debit Cards Decline in Popularity

A new report indicates debit cards are dropping in popularity, even though they remain the most common form of payment in America. According to the TSYS's 2014 Consumer Payment Study, the decline is primarily motivated by security fears from the number … Continue reading

Security Flaw Discovered in Chip-and-PIN Cards

Just when consumers thought their credit cards would be more secure, new research from Newcastle University uncovered a security flaw in chip-and-PIN cards that could lead to a $1 million unauthorized transaction. The issue comes from the contactless function in … Continue reading

Best Buy Replaces MasterCard with Visa for Branded Credit Cards

Best Buy is switching to a new credit card processor in 2015, choosing Visa over MasterCard to handle its co-branded card. Citigroup will remain the card-issuing bank, but Visa will become the processor at the beginning of the year. Reports … Continue reading

Apple Pay’s Biggest Competitor Could be a Totally New Credit Card

Apple Pay is being heralded as a revolutionary new payment system because of its two new security features: tokenization and fingerprint identification. The shocking number of data breaches in the last year have made credit card theft the crime that … Continue reading

LowCards.com Weekly Credit Card Update–November 7, 2014

Here's How the New Chip and PIN Credit Cards Could be DOA A recent Gallup survey found that 69% of Americans worry "frequently" or "occasionally" about having a credit card compromised by computer hackers. It's not shocking. Consumers are becoming … Continue reading

Credit Card Theft Is the Most Feared Crime in America

What do Americans worry about the most in today's society? It's not being the victim of a violent crime. It's having their credit card information stolen. According to a report from Gallup, 69% of Americans worry about having their credit … Continue reading

The LowCards.com Weekly Credit Card Rate Report for November 6, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Business-to-Business Credit Card Volume Doubles in Two Years

Business credit cards went through a very difficult period during the economic downturn. Issuers cut back on the approval rates of these cards, some getting out of the segment altogether. Many businesses stopped using the cards due to the high … Continue reading

Voxis Allows Cybercriminals to Automate Fraudulent Credit Card Purchases

Cybercriminals have a new way to get as much money from stolen credit cards as possible before being detected for fraud. A program called Voxis Platform is starting to surface on underground forums, allowing thieves to make large volumes of … Continue reading

LowCards.com Weekly Credit Card Update–October 31, 2014

Some U.S. Retailers Shun Apple Pay, Eye Rival Payments System Some large U.S. retailers are refusing to use Apple Pay, Apple's new electronic payments service, as they commit to developing a rival payments system that would bolster their profits by … Continue reading

China Will Allow Foreign Companies to Process Credit Card Payments

For the first time, China may be giving foreign companies the opportunity to process credit card payments, according to a Cabinet statement yesterday. This will allow banks in China to issue credit and debit cards through companies like Visa and … Continue reading

The LowCards.com Weekly Credit Card Rate Report for October 30, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit cards in the United States. Our editorial team constantly tracks the cards in order to identify trends in credit cards interest rates. Our index showed the Annual … Continue reading

Startup Poynt Modernizes Traditional Credit Card Terminal

While some companies like Square try to change the way credit card transactions are processed, a new startup company called Poynt is aiming to upgrade traditional point-of-sale terminals for the modern world. This solution comes at the perfect time as … Continue reading

UK Credit Card Issuers Show Little Knowledge of Consumer Credit Act

A consumer group's research has found that credit card issuers in the UK have little knowledge of a law that protects consumers from losing money on a transaction when an item is faulty or a retailer goes out of business. … Continue reading

Data Breaches Affected 18.5 Million Californians in 2013

Nearly half of California's residents were affected by data breaches and cyber intrusions in 2013, a staggering seven-fold increase from the previous year. According to a new report issued by Kamala Harris, the state's Attorney General, the personal information of … Continue reading

Troops Get Extra Time to Pay Off Government Travel Credit Cards

Military personnel going through a permanent change of station (PCS) may get a break on the monthly payment on their government travel credit cards. A new rule from the Department of Defense has created a special PCS status that saves … Continue reading

Commonwealth Bank Launches Locking App for Stolen Credit Cards

To help reduce credit card fraud in Australia, one major bank has created a new feature for its app that will allow cardholders to lock, cancel and replace their credit cards on their smartphones. Commonwealth Bank now gives customers the … Continue reading