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What is the Difference Between Mastercard and Visa?

Stax

In this post, we’re going to provide overviews of both Mastercard and Visa and outline the similarities and differences between both card networks—and the role that financial institutions play in deciding their features and perks. There are currently 3.9 Learn More What are the Similarities Between Visa and Mastercard?

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Hacked ATMs Lead to 70% Rise in Debit Card Fraud

FICO

The number of hacked card readers at U.S. This new data follows a 546 percent increase in compromised ATMs from 2014 to 2015. The rest took place at bank ATMs or point-of-sale (POS) devices, such as card payment machines at retailers. The average number of cards affected by a single compromise was cut in half.

ATM
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Global Payment Card Numbers Rise To 14B As Debit Card Issuance Grows

PYMNTS

A new study has found that the number of payment cards issued globally reached 14 billion last year and is predicted to rise to 17 billion by 2022, boosted by an increase in overall debit card issuance. For many, a debit card will normally be the first card they receive when they enter the banking system.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. Can I Run an EMV Debit Card “as credit”?

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What is 3D Secure Authentication and How Does It Work

Stax

3D Secure Authentication ensures that the person making the purchase is verified as the actual owner of the debit or credit card being used. When a customer attempts to make a purchase on your website using their credit or debit card, 3D Secure will prompt them for additional information to confirm their identity.

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Coinbase Doesn’t Accept Credit Cards As A Payment Method Any Longer

PYMNTS

13) that it disabled the ability for customers to add new credit cards as a payment method for those in the U.S. In recent weeks credit card companies have said they are banning the use of their cards to purchase digital tokens. “We customers should switch their payment method to debit card or a bank account.

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Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016

PYMNTS

That’s according to the Nilson Report, which said in a press release Monday (May 8) that credit, debit and prepaid cards’ purchase volume in the U.S. percent when compared to 2015. percent when compared to 2015. percent in 2015. billion in purchase volume, remaining the top issuer, the Nilson Report said.