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Samsung Money is a debit card tied to Samsung Pay
Samsung has introduced a debit card, Money, that's tightly linked to Samsung Pay.
Samsung will introduce an 'innovative' debit card this summer
Samsung is diving further into payments with a debit card arriving this summer.
Google is reportedly working on a smart debit card
A leaked Google Pay debit card could make purchases easier -- and raise privacy concerns in the process.
Opera now supports in-browser crypto purchases with Apple Pay
Opera has just made it a bit easier to purchase cryptocurrency. The browser -- which was the first to include a built-in crypto wallet -- is now letting users in the US and Scandinavian countries buy Bitcoin and Ethereum using a debit card or Apple Pay.
Venmo's debit card turns your balance into real-world money
After months of testing, Venmo is ready to offer its own debit card in the US. The new piece of plastic now works at Mastercard-friendly locations instead of Visa (the company hasn't explained the switch), but the concept otherwise remains the same. The card lets you spend your Venmo balance at retail locations, and helps you split bills -- you can share transactions to have friends pay for their share of dinner or movie tickets. Naturally, you can use the Venmo mobile app to manage or disable a card.
Amazon's first debit card arrives in Mexico
Amazon has taken a number of steps to help you shop online without a bank card, and now it's taking those efforts to their logical conclusion: the internet retailer has launched its first debit card, Amazon Rechargeable, in Mexico. Unlike a conventional debit or credit card, you can top it up using cash -- you can load it with the equivalent of $967 US every month. You get a virtual card the moment you sign up (you only need to supply basic name, gender and date of birth info), and anyone who loads Rechargeable with the equivalent of $27 or more will get a physical card.
Curve's payment-switching smart card goes live in the UK
Like the thought of switching payment methods for a purchase long after you've left the store? You now have a chance to try it. Curve has launched its smart card in the UK, letting you not only consolidate your credit cards (of the Mastercard or Visa variety) and debit cards, but switch between them for payments up to 2 weeks after the transaction. If you know you're going to hit your credit limit, for instance, you can switch a purchase to debit to give yourself some breathing room.
Curve's smart card switches between credit and debit after purchases
Have you ever bought something only to regret it later as you run into a spending limit on the card you used? If you live in in the right country, you might have a way to overcome this particular strain of buyer's remorse. Curve is giving its British and European Mastercard users the ability to switch a purchase between credit or debit up to two weeks after the transaction took place. If you realize you're going to go into overdraft, or that you should have expensed dinner on your corporate credit card, you can make a change before it's too late.
Square chief teases a smart debit card
Square Cash's virtual payment card might not be quite so virtual in the future. Company chief Jack Dorsey has teased a strange, all-black Visa debit card that Recode suspects is really a physical Square Cash card. A Square spokesperson declined to comment, so take this with a grain of salt, but there's evidence to suggest there's something to this teaser. You see, Square seriously considered a payment card back in 2014 -- the company is no stranger to exploring the concept of a real-world card that draws from online funds.
Thieves can use web bots to guess your Visa card details
If you've punched in credit card details while shopping online, you've probably wondered how secure those digits are. According to Newcastle University, the answer is: not very. Its researchers have discovered that thieves are using web bots to guess Visa credit and debit card info thanks to a flaw in the company's payment system. The biggest challenge is obtaining valid 16-digit card numbers, usually by buying them or using an algorithm to generate valid examples. After that, the bots find expiration dates and CVVs (that three-digit number on the back) by spreading guesses across hundreds of shopping sites, plugging numbers into fields until they hit the jackpot. While that sounds like a painstaking process, the bots can figure things out in 6 seconds.
Shift is a debit card for your bitcoin wallet
Even though the banking industry and US regulators are getting on board the bitcoin train, actually spending your hard-mined bitcoins can be a bit tricky. Luckily, Coinbase debuted a solution on Friday: the Shift debit card. It's the first such bitcoin-based debit card issued in the US and is backed by VISA. With it, bitcoin users will be able to shop at both on- and offline stores -- basically anywhere that VISA is accepted. The card is linked to your Signing up for the card simply requires filling out this form and paying the $10 issuance fee (in bitcoin of course).
Shift's debit card lets you pay with both real and virtual money
Part of the challenge of Bitcoin and other virtual currencies has simply been the need to juggle different apps and cards to use every payment option at your disposal. Wouldn't it be nice if one card could handle everything? You might just get your wish. Shift Payments is testing a new debit card that can switch between real and virtual money on the spot, such as through an app; you could pay for morning coffee with Bitcoin and after-work groceries using real cash. Loyalty card support is in the works, too.
Visa's latest stab at online payments is all about checking out faster
Remember V.me, Visa's big attempt at conquering the online payment space? You'll be forgiven if you don't -- it quickly fizzled out, in part because it was a digital wallet that sometimes made shopping more complicated. The company may have learned its lesson, though. It just launched Checkout, a considerably simpler approach to e-commerce. The focus here is purely on getting through the checkout process as quickly as possible. Once you've put in the details of supported credit or debit cards (including non-Visa cards), you just have to log in to complete a purchase, whether it's on a website, Android or iOS. There's no in-between wallet, and you won't get kicked over to another page just to wrap up a transaction.
Coin eight-in-one Bluetooth credit card adds security features, boosted pre-order availability
Judging by the millions of YouTube views since it launched just last week, there's quite a bit of interest in Coin. The Bluetooth-enabled swipeable lets you add in identifying info from up to eight individual credit, debit, membership, loyalty and gift cards, and comes along with companion Android and iOS apps that boost functionality. While the applications enable you to save detailed card info for online purchases, push additional payment methods to Coin and access the Bluetooth-powered leash that will send an alert if you walk away without your card, the device works independently as well. The company is announcing some additional security features today that should serve to ease at least some fraud concerns. Coin will include an "alarm" that tracks the number of times the card is swiped and sends an app alert if it suspects unauthorized use. It can also be locked to just one card before you hand it over at a store or restaurant, so a clerk can't accidentally (or deliberately) swap cards before swiping. Reps also responded to 50 questions on a new Q&A page, addressing additional security-related and function queries, including ATM compatibility (yes, it will work), photo ID storage (uh, no) and chip and pin support (not yet, but it's in the works). The firm is also releasing additional cards for pre-order, so if you want to get in before the price jumps to $100, there's still time to hand over 50 bucks (plus $5 shipping) at the source link below.
iPhone app and debit card from Simple aim to streamline consumer finance
Considering the amount of time your wallet and your iPhone spend sitting right next to each other, is it any wonder that banks and payment services are making iOS job #1 for their mobile strategies? Big banks like Citi and Chase have capable iPhone apps for handling your money on the go, with features like photo check deposit and quick payments. There are also pure mobile payment plays like Dwolla, Venmo and PayPal with sophisticated iPhone apps to handle sending money to friends and businesses. (PayPal recently acquired Card.io which makes an API for app developers to capture credit cards via the iPhone camera, rather than with a dongle or hardware sled.) The latest entry in the race to replace your traditional banking experience with something new and better comes from Simple, which puts a sophisticated web front end and sleek app atop a traditional debit card. Simple has just come out of beta for public account invitations, after several months of private testing. Founding CTO Alex Payne (formerly of Twitter) has also announced that he's stepping away from Simple to focus on other technology interests. Simple aims to provide a (wait for it...) simpler take on managing your money, whether it's from your computer or on the go. It's not a bank, exactly; it's a customer service firm that works with wholesale banks to provide a checking account and matching Visa debit card. You use the card just like any debit card, and you can get cash (fee-free) from any ATM in the Allpoint network. Unlike Mint, it doesn't aggregate your fiscal data from lots of accounts; it shows you just the one account, but with greater detail and responsiveness. %Gallery-161332% With a debit card, unlike credit cards, you can't spend more than you've got -- which makes them a great choice for tight budgets. Traditional debit cards still leave a window for you to get overdrawn, however, if you've got pending transactions that haven't hit your account yet. Simple helps your fiscal transparency by showing your "Safe to Spend" funds number, which incorporates your unreconciled transactions and docks your available cash as appropriate. The integrated Simple iPhone app provides immediate feedback and approval on your transactions as they're made; in fact, you can't sign up for a Simple account if you don't have an iOS device. You can use an iPad or iPod touch, as long as you also have a cellphone that accepts SMS text messages. The app is protected by a simple PIN code, rather than the username/password pair common for banking apps. Since your card transactions are immediately reflected in the app, you can do a lot of easy tracking and tagging to keep track of your money. The app and the website offer powerful search tools so you can figure out where and when you did your spending; the site also includes Gmail-style keyboard shortcuts for power users. One feature that's not ready at launch is check depositing via the iPhone camera. Right now, to add funds to your account you use direct deposit, EFT from your current bank, or mailed deposits. As for sending money out, you can direct payments to companies or individuals right from the iPhone app, but you'll need their full mailing address as Simple defaults to sending a check if it can't do an electronic transfer. I've only had my Simple account for a few days (card unboxing gallery above -- it's very nicely packaged, in a linen bag) and I'm not sure how much utility I'll get out of it. For anyone with a moderately complicated financial life, such as a joint account with a spouse or multiple sources of income, Simple may be too simple to gain much traction. For basic banking and debit transactions, however, it might be just the ticket. I'm going to try using my Simple card instead of cash for daily spending so I can get a better sense of how much money is going into coffee and sundries (and how much I could be saving for a new MacBook Air instead).
Slippery Rock University intros RFID payment system for mobiles
And you thought going away to college was the first step to freedom. Au contraire, students (and faculty, no less) entering Pennsylvania's Slippery Rock University will actually be faced with an RFID tag made for their handset, which will "allow them to pay for everything from laundry and copier services to movies and groceries in the surrounding town of Slippery Rock." The 13.56MHz tags were developed by Heartland Payment Systems and utilize NFC to make spending their parents' cash all the more simple. Of course, high rollers should be aware that their guardians can log in at any time and view their purchasing habits, so we'd be careful before pulling out the long face and car trouble story. The cards will reportedly cost around $1 apiece, but will be "available for free" to all of the SU students.[Via Textually]
Jton's MobiWallet RFID SIMs
As long as we're sitting about twiddling our thumbdrives waiting for one of those ubiquitous, near-field cellphone payment systems used by some more advanced societies for years, we might as well check out the options right? Enter MobiWallet from Jton Systems which combines SIM cards and a refillable, RFID debit payment system to make quick work of public transport and double-half-caff transactions. Start by defining a minimum balance and refill amount. The phone then ensures that you never leave home without by comparing the RFID balance with your minimum threshold and automatically negotiating a refill with the MobiWallet server when necessary. Great, now we just need a provider to go ahead and replace existing SIMs with RFID integrated cards and we're all set -- riiight. Combine with the RFID blocking wallet and voila, an infinite loop with seating for one.
