Big Gap between Awareness and Usage for Mobile Wallets

Mobile wallets have made a big splash in recent years, but a new study shows there may be more discussion going on than actual usage. Research from Thrive Analytics shows far more people in America know about digital wallets than … Continue reading

Apple Primed to Become Mobile Wallet Leader

Apple published its quarterly earnings last week, a few hours after we published our original story "The Mobile Wallet Battle Heats Up". Apple CEO Tim Cook took the earnings call as an opportunity to tell everybody about his war plan … Continue reading

Xapo Introduces Debit Card Linked to Your Bitcoin Wallet

Bitcoins have taken another small step toward mainstream acceptance. Bitcoin users can now use the first-ever Bitcoin debit card to pay for everyday purchases. The card is being offered by Xapo, a crypto coin storage vault. When using the card … Continue reading

MasterCard Profits from Google Wallet

The launch of Google Wallet is benefiting more than just Google. It's putting money onto MasterCard's income statement, too. The Google Wallet is a digital substitute for an actual wallet, storing all your credit, debit and gift cards. It is backed … Continue reading

LowCards.com Weekly Credit Card Update–November 22, 2013

Retailers Use Deals to Get You Connected Head into the mall this holiday season, and you won't just be bombarded by 50% off signs or two-for-one deals. Once you hit the cash register, someone is bound to tempt you with … Continue reading

Coin Could Replace Every Card in Your Wallet

Ever feel like your wallet is bogged down with too many cards? Wouldn't it be great if there was a way to consolidate all of your credit, debit and gift cards into a single card? With Coin, that may not … Continue reading

Bitcoins Security Compromised, $1 Million Lost

Bitcoins took a major blow last week: a $1 million loss. This is a result of a hack on the digital wallet service that many users link to their Bitcoin accounts. Inputs.io is essentially a virtual safe deposit box that … Continue reading

MasterCard To Introduce New Mobile Wallet in Japan

MasterCard has announced it will soon launch a contemporary mobile wallet in Japan that utilizes near field communication. This combines their digital service PayPass with DNP's mobile wallet and C-SAM's mobile transaction software. The new program will allow users to pay … Continue reading

LowCards.com Weekly Credit Card Update–July 31, 2013

Why Stolen European Credit Cards Cost Five Times as Much as U.S. Ones European hackers accused of selling stolen data only collected about $10 for each stolen American credit card number, according to an indictment from federal prosecutors. But European cards … Continue reading

MasterCard, Visa Take Major Steps in Digital Payment Industry

Visa and MasterCard both made significant moves in the digital payment markets this week. MasterCard introduced MasterPass, a digital service that allows customers to purchase items from wherever they are and with any mobile device. Consumers can use any payment … Continue reading

Top Credit Card Stories of the Year

2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card stories of 2012: Swipe … Continue reading

Big Boost for Visa’s Digital Wallet

Visa's digital wallet product, V.me, grew significantly yesterday with the addition of two major banking partners. Bank of America, with an estimated 30 million online customers, and the Royal Bank of Scotland have both agreed to offer V.me. Earlier this … Continue reading

Major Expansion for Visa’s Digital Wallet

Visa has significantly expanded its reach into the digital payment industry. Visa's digital wallet service, V.me, is adding more than 50 financial institutions, including PNC, U.S. Bank, BBVA/Compass and BB&T. This increases Visa's potential base of cardholders to 55 million. … Continue reading

Apple Receives Patent for Motion-Based Confirmation System

The digital wallet industry may soon have another major player. Today, Apple was granted a patent for their iWallet app which could help consumers confirm the payment transactions that take place on electronic devices such as an iPhone. Apple has … Continue reading

LowCards Weekly Credit Card Update June 15

No-Foreign-Fee Cards Still Best for Overseas Spending Credit cards that don't carry foreign transaction fees are generally the best option for spending while traveling internationally. There are more cards now that come without the fees. Roughly 82 percent of cards … Continue reading