Wednesday, August 17, 2016

Forget Foreign Transaction Fees, Big Spenders

GET.com Consumer News & Opinions
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17 August 2016

Forget Foreign Transaction Fees, Big Spenders



It's always nice to be wealthy. You can do more of things that interest you, like making frequent trips all around the world. Credit card issuers would do just about anything to make you their customers, and some compete for your attention by waiving foreign transaction fees. The 0% foreign transaction ...
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Latest Hotel Malware Infection Could Just Be The Tip Of The Iceberg



A leisurely stay at a hotel is almost like playing the lottery these days, and as absurd as it sounds, it depends a whole lot on your luck. Following reports released last week that a number of major hotels have been hit by a malware infection in their point-of-sale systems, at least ...
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Treasury Department Cracking Down On Prepaid Cards



Travelers carrying lots of cash on prepaid cards may soon have to declare it when they cross the United States border. The Treasury Department's Financial Crimes Enforcement Network (FinCEN) is revisiting a proposed rule to fight money laundering using prepaid cards after years of delay, thanks to heavy lobbying by the ...
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Smartphones Threatening Cash And Cards



For tens of millions of consumers, credit and debit cards have become the preferred way to make purchases, eclipsing the role once played by cash. Now, following slow acceptance by the public, mobile payments are gaining popularity and may one day displace cards as the number one method of payment. And if ...
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