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Apple Pay’s Biggest Competitor Could be a Totally New Credit Card

Apple Pay is being heralded as a revolutionary new payment system because of its two new security features: tokenization and fingerprint identification. The shocking number of data breaches in the last...

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Security Flaw Discovered in Chip-and-PIN Cards

Just when consumers thought their credit cards would be more secure, new research from Newcastle University uncovered a security flaw in chip-and-PIN cards that could lead to a $1 million unauthorized...

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LowCards.com Weekly Credit Card Update–January 30, 2015

Apple Pay Accounts for $2 out of every $3 Spent with Contactless Payments Apple CEO Tim Cook said that around $2 out of every $3 spent using contactless payments across Visa, MasterCard, and American...

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First Contactless Debit Card Hits the Saudi Market

Riyad Bank has taken a big step in the Middle East, becoming the first financial institution to release a contactless payment card in the Saudi market. Known as the Riyad Bank Debit MasterCard , this...

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LowCards.com Weekly Credit Card Update–July 17, 2015

Credit Cards are the Preferred Payment Method It's all in the cards--the days of cash and carry are long gone. When consumers pay for purchases today, whether in person or online, the overwhelming...

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LowCards.com Weekly Credit Card Update–July 24, 2015

Adultery Website Hack Could Expose 37 Million Cheaters Ashley Madison, the adultery website which uses the tagline "Life is short. Have an affair," confirmed that it suffered a "criminal intrusion"...

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MasterCard Partnership to Bring Samsung Pay to Europe

Samsung's highly anticipated mobile wallet, Samsung Pay, is expected to launch in America this summer, but an expanded partnership with MasterCard will now allow the digital wallet to reach Europe as...

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Study Reveals What Consumers Want from Mobile Payments

A first-of-its-kind global study reveals what consumers want from the mobile payment market. According to the survey, consumers are seeking out newer, more convenient ways to pay for items. What makes...

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Cash Becoming Obsolete as Digital and Contactless Payments Increase

The world is quickly shifting to digital and contactless payments. According to the 2015 World Payments Report, there were a staggering 390 billion non-cash transactions made throughout the world in...

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Capital One Updates Their Mobile Wallet for Contactless Payments

Capital One has upgraded their mobile wallet to now offer contactless payments from Android phones. In keeping with the innovations of Android Pay, Samsung Pay, and Apple Pay, the new option allows...

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Five Insights about Mobile Shopping

Retale surveyed 3,000 active app users to see how they felt about mobile shopping technologies such as visit tracking, iBeacon, in-store push notifications, Near Field Communications (NFC) and mobile...

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LowCards.com Weekly Credit Card Update–February 5, 2016

Don’t Feel Bad, Millions Hide Bank Accounts From Their Spouses Too One in twenty people in the U.S. admit to having started secret bank accounts or credit cards without their partner’s knowledge....

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Giesecke & Devrient’s CloudPay Solution Joins with MasterCard

MasterCard and Giesecke & Devrient (G&D) announced they are combining the MasterCard Digital Enablement Service (MDES) with G&D’s Convego CloudPay solutions, allowing issuers to work with...

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Coachella Valley Festival Vendors Will Accept Many New Payment Options

People attending the 2016 Coachella Valley Music and Arts Festival will be able to enjoy a number of new payment options at this year’s festivities. Square has announced it will provide vendors with...

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MasterCard Expands Partnership with Major League Baseball

MasterCard and Major League Baseball are expanding their longstanding partnership to give MasterCard the presenting sponsorship role in the baseball’s marquee event every year. In addition to extra...

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MasterCard Speeds Up EMV Transactions

MasterCard launched its M/Chip Fast, a new technology that promises to make EMV transactions faster. It was developed using contactless, “tap-and-go” technology, which means customers can expect...

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Samsung Pay Enters European Market with Debut in Spain

Samsung Pay has made its way into the European market with its debut in Spain. Samsung’s mobile wallet has already been introduced in the United States, South Korea and China. It is now the first...

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Apple Pay Leading to Strong Sales Growth in Vending Machines

As Apple Pay and other mobile wallets continue to grow in popularity in America, they have found growth in an unexpected sector of the market – vending machines. Sales coming from soda machines, candy...

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Apple Pay Expands to Switzerland

Apple Pay has expanded once again. Last Thursday, the mobile wallet became available in Switzerland, in addition to the United States, Canada, Australia, Singapore, the U.K. and China. According to the...

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LowCards.com Weekly Credit Card Update–July 15, 2016

Nearly 1 in 3 Consumers Victimized by Card Fraud Thirty percent of consumers globally have experienced card fraud in the past five years. Card fraud rates–unauthorized activity on three types of...

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