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Elan Brings Two-Way Fraud Alerts To Debit Cards

PYMNTS

Payments provider Elan Financial Services announced that along with Ondot Systems , the leading provider of mobile-based card services, they have enhanced the My Mobile Money app so that it now offers two-way fraud alerts for Elan processed debit cards.

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Ondot Links Up With Visa To Boost Digital Wallet Use

PYMNTS

Ondot Systems , a digital services platform for credit and debit card issuers, said it is partnering with Visa in a new program. The agreement enables cardholders to add Visa cards instantly to their digital wallets. Digital card use is one of the key drivers of card choice.

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What 98 Pct Of Consumers Miss About Protecting Their Cards From Fraud

PYMNTS

Location controls can be used to prevent merchants from charging consumers’ credit cards if their smartphones aren’t close by, and restrict purchases to a particular geographic area or country. Despite this potential for improved mobile security, location-based services are scarcely used by consumers to protect their accounts.

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How Much Do Credit Card Companies Charge Merchants?

Stax

The exact rate can vary based on several factors, including the type of card used (debit or credit), the card brand (Visa, MasterCard, etc.), In addition to generating revenue for the card network, the purpose of credit card transaction fees is to cover operational costs and risk management.

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Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

Stax

To complete payment processing, credit card companies have to charge processing fees. Also referred to as swipe fees, these are simply fees that the merchant pays to the credit card company or credit card service providers to accept the payment. Standards cards fall into the mid-qualified tier.

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Chase Rolls Out Tap-to-Pay Visa Credit Cards

PYMNTS

said the rollout will be done on an ongoing basis, spanning when customers open up new accounts or have cards that are renewed. The company also said that it will debut contactless debit cards in the second half of next year. 1 card issuer in the U.S. – Chase , the consumer banking arm of JPMorgan Chase & Co.,

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8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

Fintech News

Zed (Philippines) Zed card, Source: Zed Zed is a forthcoming credit card service in the Philippines that plans to offer a unique, fee-free approach to credit aimed primarily at young professionals, particularly those new to credit or without an extensive credit history. million downloads.

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