The magnetic stripe is losing its relevance and effectiveness with Mastercard becoming the first payments network to phase it out. Since the early 1960s, when magnetic stripe cards were cutting-edge tech, credit card payment technology has changed dramatically. With the development of the EMV standard, chip cards started becoming the preferred way to pay. Today, EVM chips are used for a major part of transactions worldwide. And more than half of Americans opt for a chip card payment at a...
Continue readingCapital One has recently shared the news about opening its airport lounge next year. Currently, there is only one card issuer that operates airport lounges – American Express. Amex offers its...
Continue readingCredit cards have now become an integral part of every American's life. TransUnion, one of the major credit bureaus, reports that there were more than 430 million credit card accounts in the U.S. at...
Continue readingThere are only 2 weeks left until the best day for shopping, Black Friday 2019. Undoubtedly, this is the most anticipated sale of the year not only for deals hunters, but also for those who simply...
Continue readingModern technologies are developing so rapidly that sometimes it even gets scary. A few decades ago, no one could even think that they would pay in stores, gas stations, medical centers, etc. using a...
Continue readingRecently it became known that Citi abolishes many of its consumer and travel benefits. The changes will affect all Citi travel credit cards as well as cash back credit cards and will take effect on...
Continue readingIn a nutshell Priority Pass is a program that offers access to airport VIP lounges all over the world. Nothing can be better than waiting for your flight relaxing in a comfortable closed lounge...
Continue readingApril is Recognized as National Financial Literacy Month in U.S. In 2003, the United States Congress put forward the idea of a financial literacy month. Since March 2004, when the U.S. Senate...
Continue readingMembers of the country’s second-largest credit union will now be able to check out more quickly and easily using contactless payments. Paying for transactions with a simple tap of a contactless...
Continue readingThe newest offering from Citibank gives customers a way to earn more points on the purchases they make every day, no matter how small. Citi’s new no-annual-fee credit card, Citi Rewards+,...
Continue readingTravelers coming through London’s Heathrow Airport and North Carolina’s Charlotte Douglas International Airport will soon be able to enjoy luxuries like complimentary snacks and drinks, quiet...
Continue readingNo one likes to wait in line. And thanks to new payment technology, customers at select 7-Eleven convenience stores across the country will no longer have to stand in line to pay for their magazines,...
Continue readingIf you've ever wished you could do more to manage your credit cards from your phone or computer, rather than making phone calls to customer service, instant messaging with representatives, or sending...
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