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New rules cutting merchant fees mean banks will be looking elsewhere to make up the revenue. Debit cards, a gleam in bankers' eyes 30 years ago, have become the preferred method for people to tap their bank accounts, a free and easy alternative to paper checks, live tellers or cash machines.
Chelsea State Bank has been making security changes in the past month after fraudulent debit card charges totaling more than $380,000 hit bank accounts over Mother's Day weekend.
New rules cutting merchant fees mean banks will be looking elsewhere to make up the revenue. Debit cards, a gleam in bankers' eyes 30 years ago, have become the preferred method for people to tap their bank accounts, a free and easy alternative to paper checks, live tellers or cash machines.
LONDON--(BUSINESS WIRE)--Retail Decisions (ReD), a world leader in payment fraud prevention and payment processing, has expanded its payments types by adding six new payment methods to service the growing popularity of alternative payment methods as consumers look for a wider choice of options online. While credit cards continue to be the top online payment choice, consumers are increasingly ...
Plastic that's linked to a bank account comes with certain advantages, including better security.
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