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In just a few years the versatile cards that replaced most bank customers' ATM cards have become so popular that they have transformed the way Americans use their money and made banks a nice chunk of cash. It pays for gas for your car, for groceries at the supermarket, even for lunch and with debit cards, banks don't impose the off-network fee when customers get the cash back.

Sistema Shyam TeleServices Limited (SSTL), which offers mobile telecom services under the MTS brand, will launch a card-based payment service called MTS mPOS, which is a mobile substitute to the [...]

Byline: Victoria Finkle Boca Raton, Fla., â William Cooper, the notoriously outspoken chief executive of TCF Financial Corp., had some surprising praise this week for the much-contested Consumer Financial Protection [...]

Byline: David Heun Several major cities around the globe have been exposed to contactless-payment methods with cards or mobile phones, but Barcelona, Spain, soon may become the first city in [...]

Byline: Kate Fitzgerald Pending debit interchange rate rule changes are causing uncertainty about strategies for debit card rewards programs. The biggest question is whether banks will be able to fund [...]

Byline: Andrea McKenna Some card companies use sports sponsorships to generate loyalty, but they also are good vehicles to try out new products, according to an analyst. 'The coolest thing [...]

A French payments exec said JPMorgan Chase & Co. would be justified in telling clients it's safer to make debit card purchases with a signature than using a PIN. Marite [...]

Byline: Daniel Wolfe With consumers increasingly shifting spending to debit, Total System Services Inc. has developed a way to help credit issuers retain those transactions by combining both functions in [...]

Byline: Marc Hochstein In Defense of Animals, a nonprofit, is offering its donors an affinity debit card that runs on Tempo Payments Inc.'s network. Every time the cards are used [...]

Byline: Marc Hochstein Tri Tax of San Pedro, Calif., is offering a debit card for customers to receive tax refunds and paycheck deposits, which the tax-preparation franchisor called a draw [...]

Commerce Online Inc., a West Palm Beach, Fla., payment processor, has created a prepaid debit and identification card for licensed sellers of medical marijuana in California and Colorado. These sellers, [...]

JPMorgan Chase & Co.'s purchase last year of Washington Mutual Inc.'s banking assets nearly helped it surpass Wells Fargo & Co. as the No. 2 debit card issuer, behind Bank [...]

A trade group representing Canadian retailers has called for Visa Inc. and MasterCard Inc. to charge a flat interchange fee if banks in Canada begin issuing PIN debit cards that [...]

A sustained tide of consumer anger about all types of bank fees is adding momentum to the long-running merchant campaign against interchange. Merchants have been trying for several years to [...]

Prepaid Card Holdings of Las Vegas said Tuesday that it has agreed to issue prepaid debit cards to the members of a labor union and their families. The cards will [...]

Banks could lose up to $20 billion of annual revenue if a large group of checking account holders shift their money to prepaid debit cards, a report published Wednesday said. [...]

The structural changes under way at Wall Street firms could intensify competition for the most affluent cardholders, a stronghold for American Express Co. As chargeoffs mount across the card industry, [...]

Eight months after it was introduced, Wal-Mart Stores Inc.'s prepaid debit card appears to be making headway with the underbanked. A study released Monday found that one in five consumers [...]

MasterCard Inc. said Monday that Harvard University Employees Credit Union has become the first credit union to issue contactless debit cards. The credit union issues its debit cards on MasterCard's [...]

For several years Tempo Payments Inc. had a virtual lock on the business concept of linking debit cards to the automated clearing house network, but the challenge of finding retailers [...]

AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD Alaska Airlines said it is introducing technology that gives customers the option to use credit and debit cards instead of cash for on board [...]

Global Pay Solutions Inc. of San Diego said Friday that it has agreed to provide payroll cards to as many as 70,000 municipal workers throughout the 31 provinces of the [...]

Bankers are concerned, but also intrigued, by the notion of a debit card that uses the automated clearing house network to link to customers' accounts at any financial company. Some [...]

Bank of Montreal said Thursday that it was adding debit cards to its Air Miles loyalty program and boosting the rewards for customers who buy additional products and services from [...]

Executives at Security National Bankin Sioux City, Iowa, say they believe they have found a way to minimize the bank's exposure to debit card fraud: lower transaction limits. More and [...]

Bank of America Corp.'s recent pricing agreement with MasterCard Inc. for debit cards that the retail banking giant does not issue could be an effort to remind Visa U.S.A. Inc. [...]

MasterCard Inc. has published the debit interchange fees that will take in effect in Europe when the 'single European payment area' goes live. The Purchase, N.Y., credit card company's European [...]

Visa U.S.A. Inc. has a deal with Safeway Inc.'s Blackhawk Marketing Services Inc. that will let it begin its widely anticipated foray this month into the reloadable debit card market. [...]

When Bank of America Corp. introduced a debit card that rounds up the transaction amount to the nearest dollar and deposits the difference into customers' savings accounts, the Charlotte company [...]

Commonwealth Bank and Trust Co. of Louisville is using instant payment card-issuing systems from Dynamic Card Solutions of Englewood, Calif. Dynamic announced Monday that the Commonwealth Bancshares Inc. unit is [...]

MasterCard Inc. is offering a debit card rewards program that deposits rebates in Upromise Inc. college savings accounts. The Purchase, N.Y., company announced the program last week. Three banking companies [...]

Two small southwestern banks plan to begin issuing Discover signature debit cards within the next two months. Central National Bank and Trust Co. in Enid, Okla., plans to begin issuing [...]

JPMorgan Chase & Co., which dominates the market for contactless credit cards with its Blink products, has started offering contactless debit cards as well. The New York banking company began [...]

The merchant processing sales company Business Payments Systems Inc. has agreed to offer its customers access to the Fastlane debit network. Fastlane Secure Payments, a subsidiary of Combined Payments LLC [...]

Las Vegas -- Bankers say new technologies are putting pressure on their payments revenue. Analysts and other observers have long estimated that about 40% of banks' revenue come from payments [...]