creditcards

American Express Announces EMV Plans

First compliance deadline set for April 2013. American Express issuer is joining MasterCard, Visa and Discover in integrating EMV chip-based contact, contactless and mobile payments for its American Express-branded cards in the U.S., Contactless News Online reported. Merchants, processors and issuers of AmEx cards will need to comply with its requirements and deadlines: • April

visa

Visa Raises “No Signature” Limit to $50, Enhances Merchant Fraud Protection

Visa Inc. said it plans to raise its Visa Easy Payment Service “no signature required” limit from $25 to $50 for two key U.S. merchant categories. Starting in October 2012, discount stores and grocery stores/supermarkets in the U.S. can accept Visa cards for transactions up to $50 without requiring a cardholder signature or PIN, or

shellcard

Shell $aver Cardholders Save On WINsdays

The Wednesday after NASCAR driver AJ Allmendinger wins, Shell $aver cardholders save 22 cents per gallon on fuel. Shell is offering consumers a chance to save money on their fuel purchases every time the No. 22 Shell-Pennzoil Dodge takes the checkered flag in a points race during the 2012 race season. Each win, Shell $aver

creditcards

ATM Council Files Antitrust Lawsuit

Visa and MasterCard to face litigation on antitrust charges. The National ATM Council, a group representing operators of automated teller machines (ATMs), filed a lawsuit against Visa and MasterCard accusing the credit and debit card issuers of violating antitrust laws by fixing the price of ATM access fees, the Huffington Post reported. The lawsuit was

ExxonMobil Sweepstakes To Award Smart Fortwo Coupes

Exxon and Mobil retailers and Citi are giving cardholders the chance to win a 2010 smart fortwo coupe each week through the ExxonMobil Personal Card “Win a smart fortwo Sweepstakes.” From April 1 through June 30, a new winner will be drawn every week. In addition to the weekly car giveaways, consumers will also have the chance

nFinanSe Announces Fee Reductions

nFinanSe Inc., a reloadable prepaid card provider, is reducing its fees to cardholders for ATM withdrawals and also for electronic bill pay transactions. The company believes that these reductions will encourage greater trial and usage of its Visa and Discover Reloadable Prepaid Cards and promote greater retention among cardholders. The company stated that it is

NOCO Express Announces Free Gas Sweepstakes

M&T Bank and NOCO Express are offering western New Yorkers a chance to win Free Gas for one year, along with four additional prizes of $100 NOCO gift cards awarded each month. The sweepstakes runs Jan. 15 to March 31. Winners will be selected in a random drawing on or about April 15.  M&T Bank

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