New App Lets Chicago Drivers Pay Parking Meter with Credit Card

Drivers in Chicago may soon have a new way to pay at the parking meter. Thanks to the free ParkChicago app, these drivers can use their mobile phones to pay for their parking spaces by credit card. The app is … Continue reading

PayPal Here Redesigned to Accept Chip-and-PIN Credit Cards in Australia

PayPal Here is a mobile app and bluetooth device which allows small businesses in Australia to accept credit cards on their smartphones. The new model is designed to work with chip and PIN cards. Users will not have to plug … Continue reading

American Express Invests in International Mobile Credit Card Processor

Credit card giant American Express recently bought in a minority stake in India-based Ezetap, a mobile credit card processor that accepts both magnetic and chip-and-PIN cards with a simple dongle. Ezetap is similar to American-based Square since both devices process credit … Continue reading

LowCards.com Weekly Credit Card Update–February 28, 2014

Financial, Retail Industries Keep Cybersecurity Mistakes and Punishments Secret Even as cyberthreats grow in frequency and sophistication, the system for ensuring payment card security in the United States remains a closely guarded arrangement among the credit card networks who set … Continue reading

New App Connects Mobile Wallets with Card Readers

One of the main reasons many credit cardholders are not paying with a mobile wallet is because most retailers do not have the processing machines that work with this technology. It may take years for all retailers to install mobile-friendly … Continue reading

MasterCard and Web.com Launch New Payment Option

Web.com has developed a new add-on to its website hosting and design services, thanks to technology from MasterCard. The new option called Take-A-Payment provides a faster way for consumers and businesses to receive money from transactions on their websites. Take-A-Payment … Continue reading

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

Were You Charged $9.84? It Might Be Fraud Be on the lookout for a recent $9.84 charge on your debit or credit card. It might be part of a massive, worldwide scam. Thieves are using stolen payment cards to make … Continue reading

PayPal Continues to Go Mobile with StackMob

In an effort to claim an even bigger stake in the mobile payment market, PayPal has purchased the app-development company StackMob. The exact terms of the deal have not been disclosed at this time, but PayPal has confirmed that 18 … Continue reading

American Express Allows New Yorkers to Use Rewards for Cab Fare

American Express cardholders can now use their rewards points to pay taxi fares in New York City. The partnership with VeriFone will allow cardholders to redeem their Membership Rewards Points just like they are making a credit card payment. At the time for payment, American … Continue reading

Western Union Goes Mobile with U.S. Bank

Western Union, one of the largest money wiring networks in the world, recently announced that it would be partnering with U.S. Bank to offer mobile banking. U.S. Bank customers will be allowed to send money to other people directly through the … Continue reading

Groupon Expands into Credit Card Processing Industry with BreadCrumb

Groupon has struggled somewhat in the last few years, but the company has introduced a new mobile payment processing device that could make an impact on the industry. The product is called BreadCrumb and payments can be processed on smartphones, … Continue reading

40% of Small Businesses Now Use Mobile Credit Card Readers

Mobile credit card readers took a little time to gain global acceptance, but now they are fairly common. That is evident with the latest study by BIA/Kelsey, which tracks the advertising and marketing behaviors of small and medium-sized businesses (SMBs). … Continue reading

LowCards.com Weekly Credit Card Update–June 21, 2013

Young Americans Are Ditching Credit Cards The number of young Americans who are living without credit cards has doubled since the recession. About 16% of consumers ages 18 to 29 didn't have a single credit card by the end of … Continue reading

Mobile Payments Make Their Way to Myanmar

Myanmar is the poorest country in Southeast Asia, and less than 15% of the population owns a mobile phone of any kind. In a remote area like this, having cash readily available for transactions can be difficult at best. Myanmar … Continue reading

School Fundraising Goes Mobile

PTO Today is a popular resource for school fundraising groups, and now its efforts are even more expansive. Thanks to a partnership with PayAnyWhere, PTO Today now allows school groups to accept money from credit and debit cards directly through … Continue reading

Mobile Banking Continues to Increase

More consumers are turning to their phones to take care of their banking needs according to the latest data from the Federal Reserve. The study, entitled Consumers and Mobile Financial Services and done in late November, showed that 28% of mobile … Continue reading

AmEx, Twitter Partner to Offer Pay-by-Tweet Shopping

Twitter is entering the growing mobile e-commerce market by expanding its relationship with American Express. Amex Sync will allow American Express cardholders to make purchases on Twitter through tweets that include special hashtags. The first offer will be for discounted … Continue reading

LowCards.com Weekly Credit Card Update January 18

Banks Bury Fees in the Fine Print Pew's annual Safe Checking study has uncovered a number of items and fees that most consumers wouldn't have a clue about until they got hit with them. From mandatory arbitration clauses that waive jury … Continue reading

Smartphone Payments Inevitable but Consumers Are Somewhat Reluctant

Over six in ten Americans believe smartphone payments will eventually replace both payment card (66 percent) and cash (61 percent) transactions for a majority of purchases, according to a new poll by Harris Interactive. However, they don't believe it will … Continue reading

Mobile Payments Expand for Girl Scout Cookies

More girl scout troops will have the ability to accept your debit or credit card as payment for those delicious Thin Mints and Samoas. A total of 30 Girl Scout councils throughout the country offered mobile payments earlier this year, … Continue reading

LowCards.com Weekly Credit Card Update October 26

Credit Card Settlement Could Stymie PayPal's Retail Plans A provision within the hotly-contested settlement between merchants and credit card networks could potentially slow PayPal's bid to become more widely accepted at grocery stores, restaurants and other retailers. Retailers that choose to … Continue reading

Another Advancement in Mobile Payments

After months of delays, mobile payment took another step forward this week with the launch of the Isis system in Salt Lake City and Austin. Isis allows consumers to make payments with their smartphone by waving it at a check-out … 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

Study Finds Consumers More Satisfied with Credit Card Issuers

American Express is still the favorite credit card issuer in the 2012 Card Satisfaction Survey by J.D. Power and Associates. For the sixth year in a row, the company has been tops in customer satisfaction with a score of 807. … Continue reading