Effective July 1, a new change in Visa’s Operating Regulations went into effect without much fanfare. This change in regulations will allow merchants to route debit transactions through a PIN network even without a PIN being used. While PIN-less debit transactions have been around for a while, they have only been available for use by [...]
Entries Listed Under 'Cards'
Visa Rule Change You Should Know About
July 28, 2008 · Written by Brian Scott · No Comments
Categories: Cards · Cards: Debit · Marketing
Declining Rates Affect Card Payments
July 22, 2008 · Written by Brian Scott · No Comments
In a recent article on CreditUnions.com, the impact of declining rates and credit unions’ ability to compete in the marketplace is discussed.
One of the main topics of the article is a counter-intuitive, but good point. In a declining rate environment, while others are cutting interest rates on their cards, credit union cards are remaining relatively flat. [...]
Categories: Cards · Cards: Credit · Cards: Debit
What’s in a (Product) Name?
July 14, 2008 · Written by Brian Scott · 2 Comments
Jeffry Pilcher over at The Financial Brand (a great resource for financial marketing ideas and information) writes about the commonalities in credit union names. For example, the word “Employees” shows up in 1,553 credit union names. It’s a fun article to read and it started me thinking, “What’s in a name?”
As most people in the [...]
Categories: Cards · Cards: Credit · Marketing
Gallons of Gas Card
July 9, 2008 · Written by Brian Scott · 1 Comment
MyGallons.com has an interesting way of using cards to pre-pay for gas. Essentially, you buy gallons of gas at today’s prices for consumption at a later date.
When you use the MyGallons gas card at participating retailers you are only paying the price that you committed to when you pre-purchased gas, regardless of what the current [...]
Categories: Cards · Marketing · Pre-Paid
Decoupled Debit Card Lives Again!
July 2, 2008 · Written by Mike Templeton · 3 Comments
Guest post from Morriss Partee, CEO of EverythingCU.com
When I saw an email from CapitalOne in my inbox on the morning of June 20, I thought it was just like any other of the junk emails that they are constantly sending me. But this one was different and caught my eye as it was hitting [...]
Categories: Cards · Cards: Credit · Cards: Debit
Interchange Changes
July 2, 2008 · Written by Brian Scott · No Comments
With the recent introduction of HR5546 The Credit Card Fair Fee Act of 2008 by Congressman Conyers of Michigan, the issue of interchange and it’s future is being heavily discussed.
On one side of the discussion are merchants and retailers that believe they are being charged too much for the card transactions they process. A core [...]
Categories: Cards · Cards: Credit · Cards: Debit
Rewards - A Complete Package
June 25, 2008 · Written by Aris Jerahian · No Comments
The Cards & Payments June 2008 issue had a great article on “Rethinking Rewards.” It talks about how issuers in US are updating their rewards program to reflect changes in the economy and consumer behavior. Although the focus of the article is for issuers, credit unions are at an advantage.
Categories: Cards · Cards: Credit · Cards: Debit · The Industry
Refuel Your Card Program
May 15, 2008 · Written by Brian Scott · 1 Comment
Categories: Cards · Cards: Credit · Cards: Debit
There’s No Card Like It
March 10, 2008 · Written by Aris Jerahian · No Comments
Categories: Cards
9 Ways to Put Some Steam Behind Your Card Program
February 5, 2008 · Written by Brian Scott · No Comments
Categories: Cards · Cards: Credit · Cards: Debit
