Visa Checkout Expands Mobile Wallet to More Worldwide Merchants

Visa's mobile wallet, known as Visa Checkout, is now being accepted at even more online and in-person merchants. The company announced it will be expanding its services in several countries, giving more customers access to fast, convenient mobile payment solutions. The … Continue reading

A Faster Way to Order and Pay for Your Food

OpenTable, a mobile payments platform that allows diners to pay for their meals before the check arrives, has partnered with NCR Corporation to expand its platform to even more restaurants. The "Pay with OpenTable" app will now be incorporated with … Continue reading

Trader Joe’s Stores Will Accept Apple Pay and Google Wallet

Shoppers at popular grocery chain Trader Joe's will soon have the option to pay for their items through their mobile wallets. Several of the store's 400+ locations have been upgraded to accept touchless payments over the last few months, even … Continue reading

AmEx Rewards Now Accepted at Chili’s Grill & Bar

American Express Rewards members now have one more way to spend their loyalty points. AmEx has announced that starting today, May 18, Membership Rewards points can be used for dine-in purchases at select Chili's Grill & Bar locations nationwide. The … Continue reading

Do Consumers Feel Secure about Mobile Payments?

Americans are almost evenly split on how they feel about the security of mobile payments. According to a new survey from 451 Research, 24% of the respondents feel mobile payments are more secure than traditional payment methods, while 27% believe … Continue reading

Apple Pay to Accept Discover Credit Cards this Fall

Apple Pay is expanding its options once again, with plans to accept Discover cards this fall. Apple Pay will now be working with the country's top four credit card networks, since Visa, MasterCard and American Express are already being used … Continue reading

Starbucks Runs 8 Million Mobile Transactions Each Week

Starbucks is the most successful retailer in the mobile payment industry. Company executives now say the coffee chain is up to eight million weekly purchases through its mobile platform. The Starbucks mobile app has grown tremendously in a short period … Continue reading

Consumers Slow to Adapt to Mobile Banking

Two recent reports show mobile banking may not be catching on with consumers as quickly as expected. A new survey from RateWatch reveals that 36% of Americans have never used mobile banking. The research indicates that the number of people using mobile … Continue reading

Microsoft Makes Move into Mobile Payments

Microsoft may soon be entering the payment industry, challenging mobile wallet providers like Apple Pay and the upcoming Samsung Pay. "Microsoft Payments, Inc." was granted a money transmitter license, giving the company the right to transfer money from one account … Continue reading

AliPay to Launch First Wearable Payment Option in China

Alibaba, a leading retail website in China, has officially partnered with smartphone developer Xiaomi to create the first wearable payment system in the country. The partners will combine Alibaba's mobile wallet, AliPay, and Xiaomi's Mi Band smart fitness bracelet to … Continue reading

LowCards.com Weekly Credit Card Update–March 27, 2015

Google Working on Project to Let You Receive and Pay Bills Directly Inside Gmail Google's mission to organize the world's information is now targeting your physical mailbox. The company is currently working on a project that will allow Gmail users … Continue reading

85% of iPhone 6 Users Have Never Tried Apple Pay App

Industry experts had high hopes that Apple Pay would boom in popularity, especially after 1 million mobile wallets were activated in the first 72 hours after the iPhone 6 was released. However, a new survey showed 85% of iPhone 6 … Continue reading

LowCards.com Weekly Credit Card Update–March 20, 2015

Facebook to Let Messenger Users Send Cash to Friends Facebook is giving the more than 500 million users of its Messenger app the ability to send money to each other, becoming the latest mobile platform to incorporate a payments service. … Continue reading

LowCards.com Weekly Credit Card Update–March 13, 2015

Why was your Credit Card Number Stolen? Retailers are Lazy If a shop wants to accept credit cards, it needs to abide by strict payment card industry (PCI) rules and pass a test. But a new Verizon cybersecurity report shows … Continue reading

LowCards.com Weekly Credit Card Update–March 6, 2015

Retailers Face $8.65 Billion Bill for New Generation of Credit Cards New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment … Continue reading

Boku Launches Phone-on-File Payments to Compete with Credit Cards

Boku, a mobile payment solution using carrier billing, has created a program called Phone-on-File that allows phone numbers to be stored for one tap purchases, much like a credit card. The stored numbers can be used for both one-time and … Continue reading

LowCards.com Weekly Credit Card Update–February 27, 2015

Google Buys Softcard, Teams Up with Carriers on Mobile Payments Google and the mobile carriers have long been at odds over mobile payments, but faced with the runaway success of Apple Pay, the two rivals have become friends. AT&T, Verizon … Continue reading

Mobile Payments Account for 21% of Fraudulent Transactions

Mobile payments make up 21% of fraudulent transactions in the United States, even though they only represent 14% of the market. According to the 2014 LexisNexis True Cost of Fraud Study, the report shows mobile payments are putting mCommerce merchants … Continue reading

LowCards.com Weekly Credit Card Update–February 20, 2015

In Challenge to Apple Pay, Samsung Buys Mobile Payment Company Samsung is buying mobile-payment startup LoopPay as the Korean phone maker steps up to challenge Apple and its payment system on iPhones. The deal strengthens speculation that Samsung Electronics plans … Continue reading

90% of Consumers Don’t Use Mobile Payments When Available

A new study shows the mobile payment industry may have a more difficult time than expected breaking into mainstream America. Research from the marketing firm Placeable indicates that 90% of consumers won't use mobile payments when available, and a surprising 42% … Continue reading

LowCards.com Weekly Credit Card Update–January 30, 2015

Apple Pay Accounts for $2 out of every $3 Spent with Contactless Payments Apple CEO Tim Cook said that around $2 out of every $3 spent using contactless payments across Visa, MasterCard, and American Express are being made with Apple … Continue reading

Braintree Now Lets Merchants Accept Bitcoins for Payment

Braintree, a mobile-friendly payment processor now owned by PayPal, has launched a private beta test that lets any U.S. merchant accept payments from Bitcoin. The company announced plans of this transition last September, and now these plans are coming to … Continue reading

LowCards.com Weekly Credit Card Update–January 23, 2015

More Than 90% of Data Breaches Could Have Been Avoided Nine out of 10 data breaches that occurred in the first half of last year could have been avoided, according to a new report. The report, which analyzed more than … Continue reading

Mobile Payments Quickly Changing the Transaction Industry

Mobile payments are no longer just a trendy way to make a payment. They are quickly becoming the major force in the transaction industry. According to a report from Business Insider, mobile payment volume in the United States is projected … Continue reading

Mobile Payments in Other Parts of the World

Mobile payments are becoming more popular as consumers use their smartphones for more everyday tasks. Every year, more shoppers are adjusting to the idea of using their phones to make a payment in a store, rather than their credit cards. … Continue reading

MasterCard to Enter Canada’s Debit Card Market in 2015

MasterCard recently announced it will be entering Canada's debit card market in 2015 in an effort to build its business outside of the United States. Rival Visa already operates in the Canadian debit card market, and it could face heavy … Continue reading

Line Messaging Platform Launches Mobile Payment Service

Line, a popular mobile messaging platform, recently announced it will be launching a new digital payment service. The program, known as Line Pay, was unveiled in October, but it could only be used in a handful of affiliate shops, such as … 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

Overhaul Expected with EU Mobile Payment Regulations

The EU may soon be getting new mobile payment laws. The European Commission has not released specifics of the regulations, but they are expected to take place in the spring of 2015. Nilixa Devlukia, a technical specialist for payments in … Continue reading

Starbucks Says It Handles 90% of All Mobile Payments

Mobile payments are becoming increasingly popular, especially with the introduction of Apple Pay. Starbucks was one of the first retailers to allow mobile payments in their coffeehouses, and this early entry is now paying off for them. Of the seven … Continue reading

Intel Develops Security Solution for Credit Card Transactions

As the world continues to strive for better credit card security, Intel has developed a hardware-software program to protect credit card and personal data from being stolen while a transaction is authorized. Once a buyer uses a credit card at a … Continue reading

Square’s New Cash App May Cut Into PayPal’s Market Share

Square's new app known as Cash allows a user to send cash to anyone with a mobile phone number or email address. The app's other options could make Square a force in the mobile payment world, and pose a threat … Continue reading

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

Apple Pay Could Make you Poorer The new Apple payment system has extraordinary promise. With Apple Pay, you might not need a wallet, and you can leave your credit and debit cards at home. In terms of ease and convenience, … Continue reading

PayPal Launches One-Touch Mobile Checkout for Apps

PayPal is aiming to make mobile app payments a little easier with the launch of its new product, One Touch. This platform helps merchants and app developers give their customers a convenient way to pay for products and services. One Touch … Continue reading

Prepaid Card Users More Likely to Adopt Mobile Payments

A new study shows prepaid card users are more likely to adopt mobile payments in America. The study from Packaged Facts, "Prepaid and Gift Cards in the U.S., 4th Edition," indicates a growing need for developers to enhance their mobile platforms … Continue reading

Apple’s Introduction May Lead to the End of the Plastic Credit Card

The date of September 9, 2014 may very well be the beginning of the end of the physical credit card. As we forecasted in June, there is a good chance Apple will announce a watch and/or phone on Tuesday that … Continue reading

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

Home Depot's Credit Cards May Have Been Hacked A massive batch of credit and debit card information that went on sale on a criminal Internet site Tuesday may be from Home Depot stores and could be linked to hackers responsible … Continue reading

Mobile Wallet Isis Changes Name to Softcard to Avoid Association with Terrorist Group

The mobile wallet formerly known as Isis has rebranded its product to Softcard in order to avoid any association or confusion with the violent Islamic militant group with the same name. "We have no interest in sharing a name with … Continue reading

LowCards.com Weekly Credit Card Update–August 15, 2014

Debt Collectors, What are Their Legal Limits? Collectors call again and again in the middle of dinner. They call the wrong person. They threaten. They take advantage of the latest technology to embarrass people. Often, they violate the law. Debt … Continue reading

LowCards.com Weekly Credit Card Update–August 1, 2014

A Third of Americans Delinquent on Debt More than a third of the country is in trouble when it comes to paying debts on time; 35% of Americans have debt in collections, according to a study out Tuesday from the … Continue reading

Visa Invests in LoopPay Mobile Wallet

Visa is investing in mobile wallet app LoopPay, a mobile payment solution accepted at a majority of retail point-of-sale terminals. LoopPay is designed to turn a phone into a credit card to swipe at a register. The app uses a traditional … Continue reading

Square Introduces New Reader for Chip-Based Credit Cards

Today, mobile payments company Square announced it has developed a new credit card reader that will make transactions with chip-enabled EMV cards. Square is a credit card reader that plugs into smartphones or tablets, allowing a credit or debit card … Continue reading

Google Wallet Now Supports Gift Cards

Google Wallet has introduced a helpful new option for gift card users, allowing them to load the card's balance directly to their phones. The new gift card support is part of a series of upgrades Google recently put into the … Continue reading

Visa Checkout Aims to be Faster Than a Mobile Wallet

Visa's new mobile application, known as Visa Checkout, hopes to speed up the checkout process for mobile phone users. Visa Checkout looks similar to V.me, which was launched in 2011. However, this program functions in an entirely new way, acting … Continue reading

LowCards.com Weekly Credit Card Update–July 11, 2014

Report Says Debt Settlement Companies May Leave Customers Worse Off Using a settlement company to help you dig out from underneath burdensome debt may sound appealing, but it may leave you worse off than when you started, according to new … Continue reading

LowCards.com Weekly Credit Card Update–June 6, 2014

Debt Collectors Have Figured Out a Way to Seize Your Wages and SavingsPeople with overdue bills have long complained of harassment from debt collectors, from late-night phone calls to frightening in-person visits. Now it appears the industry has found far … Continue reading

LowCards.com Weekly Credit Card Update–May 23, 2014

Microchips in our Passports and Credit Cards: Are They Safe? U.S. passports have them. And these days, many more U.S. credit cards are starting to carry them, too. The tiny plastic chips embedded in passports and credit cards are primarily … Continue reading

New App Helps Australian Schools Go Cashless

Commonwealth Bank and MasterCard have developed an app called Qkr to allow Australian parents to pay for school expenses with their mobile phones. Rather than giving their kids cash for school meals and fundraisers, parents can now take care of those costs … Continue reading

PayPal Tests Smartwatch Payment Option at Starbucks

PayPal is testing a new wireless smartwatch system at Starbucks that identifies you to the barista when you enter the store and allows you to pay for purchases. The new pilot program is currently being tested at a Starbucks located … Continue reading