Tag: Payment Card

Developing Nations Show A Great Appetite For Payment Card Acceptance

In the world of finance, there always seem to be some very strange evolutionary trends. Developing markets, which have an excellent opportunity to skip traditional payment methods altogether, somehow are flocking to payment cards. In this day and age of mobile device usage, that seems like an odd choice, but is it that strange of a development? Developing Regions Favor Card Payments Whenever a nation starts showing signs of development, …
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UnionPay Continues Its Quest For Global Dominance With Europe Card Launch

UnionPay is one of the dominant market leaders when it comes to cashless payments in China. SIX Payment Services, together with UnionPay and Bank of China, have launched a new credit card for Chinese travelers. This new card offers the same comfort as a traditional UnionPay card, but it will allow European merchants to benefit from the purchasing power Chinese travelers bring to the table. The New Europe Card For …
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Contactless Payment Fraud Can Occur Up To 8 Months After Cancelling The Card

Contactless payments were once heralded as a way to combat large-scale fraud in the payment card industry. Despite best efforts by banks and card issuers, the number of fraudulent transactions remains alarmingly high. To make matters worse, customers who report their card as lost or stolen may still be a victim of fraud up to eight months later. Contactless Payments Are Not The Answer Moneysavingexpert.com, a renowned UK website, has …
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More Details About Wendy’s Payment Card Breach Revealed

Credit card breaches are far too common these days. Wendy’s, one of the largest fast food chains in the United States, has fallen victim to one of these attacks. Various outlets have been affected, and the company will extend an offer to affected customers. It remains to be seen how useful one year of free fraud consultation and identity restoration is, though. Wendy’s Data Breach: What We Know So Far …
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