Tag: credit cards
4 reasons everyone should consider a prepaid card
Prepaid credit cards are one of the biggest growth areas in financial services. While other countries have embraced the benefits of the everyday prepaid card for some years, it is only now that UK consumers are heading online in numbers to compare prepaid debit cards and credit cards. There are a number of advantages to…
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Vodafone Hungary to test NFC m-payments at Sziget festival
Here’s a good trial of NFC m-payments in an entertainemtn environment. The whole scheme seems to focus on the consumer first including cashing-out and theft of cards. Well done Vodafone and good luck. During the 18th edition of the festival, a number of Vodafone customers will also be able to make NFC-based payments using NFC-enabled…
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Credit and debit card surcharges ‘are excessive’
High costs, charged by retailers, for the use of credit cards has been a sore point with consumers for a while now. Which? said low-cost airlines were the worst offenders, with cinemas, hotels and even some local authorities starting to copy them. It said a family of four booking a return flight with Ryanair would…
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O2 to launch mobile wallet service
For anyone that is in doubt that contactless cards are coming, read this: You are seeing a massive increase in the number of banks that are issuing contactless debit and credit cards at the moment. There will be 22 million contactless debit and credit cards and 60,000 contactless points of sale in the UK by…
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The future of credit cards in the UK
I’m not sure I entirely agree with this article from the BBC about the future of credit cards. I believe credit cards will continue to develop. But this statement from the author David Black, Banking specialist with Defaqto, has some resonance: One cannot help thinking that we may have already seen the peak of the…
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