Could this be the year of the PIN? Shoppers have been shifting to personal identification number-based debit cards over the last five years, opting to use them for everyday purchases. But consumers ...
When Visa U.S.A. last month set out a new, stricter transaction-routing policy aimed at making sure all Visa payments flow through VisaNet, its backbone network, the rule's underlying purpose?to curb ...
Heidi Hansen, a U.S. Bank customer for nearly 10 years, had never seen anything like it. Her October bank statement contained a long string of unexpected 25 cent charges. Next to each was this ...
MasterCard Inc.'s canceling of a contract with eFunds Corp. suggests that the card company may bring in-house the processing of PIN debit transactions and try to gain share in a field where it has ...