Payments News

On The Web

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Prepaid-Card Users Get Protection Guarantee

“Prepaid payment cards and mobile services just received a status upgrade, giving their users the same protections and services as those for bank debit-card customers. The Consumer Financial Protection Bureau this week started requiring issuers of prepaid cards to guarantee basic protection from fraud, unauthorized charges and errors.”
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Tech

Dollar Car Rental Modifies Prepaid Card Policies

“Rentals booked more than 24 hours in advance will only require a debit card and driver’s license. Rentals booked less than 24 hours in advance, or rentals for Convertibles, Luxury and Premium vehicles, can still use a debit card but require two forms of identification and proof of return travel plans. The policy will also […]
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Tech

Government Releases Report on Campus Prepaid Card and Deposit-Account Fees

“The report was prepared by the Consumer Financial Protection Bureau for the Education Department and completed in February, but not released until Friday. The release came only after former CFPB officials tipped off journalists and consumer groups of its existence, resulting in demands under the Freedom of Information Act for its release, according to U.S. […]

On The Wires

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InComm Payments Launches Cashless Payment Solution for Sports Venues

“InComm Payments , a leading global payments technology company, announced today the launch of a new solution empowering sporting and entertainment venues to provide attendees with a cashless payments experience. The solution allows consumers to exchange cash for an open-loop gift card at the venue’s guest services office, enabling the cardholder to purchase food, merchandise […]
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Skrill USA Launches Skrill Visa® Prepaid Card in US Market

“Skrill customers are only able to use the prepaid card to spend the balance of their digital wallet account. As a result, the product provides consumers with limited incomes such as students with increased control over their finances in a way that is not supported by traditional debit and credit cards. The Skrill Visa Prepaid […]
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InComm Launches MyVanilla® Prepaid Mastercard® on Fitbit Pay and Garmin Pay, Develops Proprietary Technology to Deliver NFC Payment Capabilities to Retailers

“InComm , a leading payments technology company, today announced the launch of two new service offerings. The company’s MyVanilla ® Prepaid Mastercard®, a general purpose reloadable (GPR) prepaid card, is now compatible with Fitbit Pay and Garmin Pay mobile wallet applications. Additionally, InComm is bringing near-field communication (NFC) capabilities to retailers in its payments network, which will […]