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