Companies will be banned from applying “hidden” credit and debit card surcharges to push up the price of flights, concert tickets and other goods. The Government has signalled it will put a stop to the controversial practice by the end of 2012 following an investigation by the Office of Fair Trading (OFT). The OFT had [...]
Black Friday is traditionally a US phenomenon when people begin their Christmas shopping the day after Thanksgiving. But in the UK, Cyber Monday is the busiest sales period on the Christmas calendar as shoppers receive their last pay cheque before holidays. More than four in ten of us will buy our Christmas presents online between [...]
As you may have heard, Adobe (ADBE) last week admitted defeat in its long-running battle with Apple (AAPL) over Adobe’s Flash technology. As Apple’s CEO, the late Jobs barred Flash from Apple’s iPhone and other handheld devices and famously wrote an open letter last year explaining why. Jobs complained that Flash was a buggy, insecure [...]
There are some cases when a prepaid card can be worth having. While customers should heed the warnings from the Financial Services Compensation Scheme that prepaid cards are not protected in the event of a company going bust, there are some cases when a prepaid card can be worth having. Make sure you heed the [...]
Google has launched its mobile payments technology, Google Wallet, making it available to the public via an application which can be downloaded from a United States mobile phone network. Google Wallet is vying to replace credit cards with phones containing a special chip with Near Field Communications (NFC) technology, which can be tapped against readers [...]
If you are jetting abroad in the near future and plan to take a credit card with you, then it is important to be prepared and find out how much it will cost to use your plastic overseas. According to the UK Cards Association, there are a number of steps consumers should take before they [...]
Visa Inc (V.N), the world’s largest credit and debit card processing network, will buy the online payments company PlaySpan Inc for $190 million, continuing to expand its e-commerce and mobile payments businesses. The cash deal will also include “additional consideration for performance milestones,” Visa said on Wednesday. It is expected to be completed in Visa’s [...]
Feb. 3 (Bloomberg) — MasterCard Inc., the world’s second- biggest bank-card network, said fourth-quarter profit jumped 41 percent as U.S. consumer spending surged and the global migration to electronic payments continued. Net income climbed to $415 million, or $3.16 a share, from $294 million, or $2.24, in the same period a year earlier, the Purchase, [...]
The Best of Innovations display at this year’s Consumer Electronics Show in Las Vegas could make anyone drool: nerds, geeks, even the technologically challenged. There is, for example, a dishwasher from Kenmore boasting a full-color LCD screen where you can get instant advice and maintenance tips. There are the world’s first alpine goggles, “Transcend” from [...]
Two million people have used their credit card to pay their mortgage or rent, up 50 per cent in a year, charities have warned. The survey by Shelter shows the drastic measures households are taking to keep a roof over their head amid a sharp rise in the cost of living. The charity predicted many [...]
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