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Visa, FIS boost value-added card services

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Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Visa, FIS boost value-added card services The companies say they aim to strengthen tech tools available for smaller financial institutions in issuing cards.

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Elan Brings Two-Way Fraud Alerts To Debit Cards

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Payments provider Elan Financial Services announced that along with Ondot Systems , the leading provider of mobile-based card services, they have enhanced the My Mobile Money app so that it now offers two-way fraud alerts for Elan processed debit cards.

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What 98 Pct Of Consumers Miss About Protecting Their Cards From Fraud

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Location controls can be used to prevent merchants from charging consumers’ credit cards if their smartphones aren’t close by, and restrict purchases to a particular geographic area or country. Despite this potential for improved mobile security, location-based services are scarcely used by consumers to protect their accounts.

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Chase Card Services President On Why It’s Time For Cards To Tap And Go

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To that end, Chase , the largest card issuer in the U.S., 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio. The effort is broad and far-reaching, considering how more than 90 million debit and credit cards are wielded by Chase customers across the United States.

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Ondot Links Up With Visa To Boost Digital Wallet Use

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Ondot Systems , a digital services platform for credit and debit card issuers, said it is partnering with Visa in a new program. The agreement enables cardholders to add Visa cards instantly to their digital wallets. Digital card use is one of the key drivers of card choice.

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Chase Rolls Out Tap-to-Pay Visa Credit Cards

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said the rollout will be done on an ongoing basis, spanning when customers open up new accounts or have cards that are renewed. The company also said that it will debut contactless debit cards in the second half of next year. 1 card issuer in the U.S. – Chase , the consumer banking arm of JPMorgan Chase & Co.,

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How Much Do Credit Card Companies Charge Merchants?

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The exact rate can vary based on several factors, including the type of card used (debit or credit), the card brand (Visa, MasterCard, etc.), In addition to generating revenue for the card network, the purpose of credit card transaction fees is to cover operational costs and risk management.