Post Thumbnail

Yes, banks sometimes decline credit card transactions abroad for your own protection, but it sure can be annoying, especially when you're not carrying money in the local currency. Visa has a new service for card holders in the US that could prevent that from happening again: one that instantly cro...

2 months ago 0 Comments
February 13, 2015 at 5:08AM
Post Thumbnail

Apple can add another name to the list of banks supporting its new Apple Pay service. Commerce Bank is now offering support for the service with one major caveat. Commerce customers can only use Apple Pay with a personal MasterCard credit card. Sorry Visa users... give it some time. If you hav...

4 months ago 0 Comments
Post Thumbnail

For awhile now, there's been a number of companies trying to simplify payments for everyone. Google did so with Wallet and, most recently, Apple announced it would be doing something similar with the soon-to-be-launched Apple Pay, among others. Not surprisingly, MasterCard's, synonymous with payin...

6 months ago 0 Comments
Post Thumbnail

Have you stopped to consider what impact Apple Pay will have on the credit card industry? Don't worry, we hadn't either, but Bank Innovation believe that the service might just send mobile payments mainstream. Currently, tapping your phone on a reader incurs a transaction fee of 2.75 percent, far ...

7 months ago 0 Comments
Post Thumbnail

Lower Manhattan, Pearl Street, the Financial District. A Starbucks with broad windows, great for people watching. Sipping my $5 flavored coffee, I watched a homeless man sit on the sidewalk. I liked him immediately: his sharp gaze and thoughtful expression. When I left, I squatted down next to hi...

2 years ago 0 Comments