I think PayPal has most potential to eat the bank’s lunch. Their in-store POS means a buyer can pay via PayPal balance. They just need to offer a 2% discount on purchases and you will see adoption rates increase exponentially.…
Dodd-Frank w/ Durbin Amendment: Will it result is lower prices for consumers?
The Dodd-Frank w/ Durbin Amendment did exactly what it was supposed to do. Big banks acted irresponsibly prior to the 2008 financial crisis. Power and money needed to be redirected away from the big banks. You saw that small…
No Fee Balance Transfer with 0% APR
You will encounter many credit cards that offer 0% APR on balance transfers. You will not, however; run across many credit cards that offer both Fee Free Balance Transfer and a 0% APR. Many credit cards will charge you anywhere…
Sallie Mae 2% Cash Back Credit Card
https://www.salliemae.com/landing/signaturecreditcard/default.aspx?SRC_CODE=3IM2O8&TAC_CODE=KWC8FMKQ&PIT_CODE=209877702 Remember, unlike most credit cards, the 0% APR for the first 12 months is only on Balance Transfers. If you make purchases with the card, there is interest on purchases. Sallie Mae. Bottom line, you need $12,500 of…
Credit Card Interest Charges and Payment Due Date
For online credit card statements, I’d like a law where they forced banks to show amounts due based on the “Payment Due Date”. For example, my total credit card bill is $5,000. $2,000 is due 1/18/2012. $3,000 is due 2/18/2012.…
Sales and Use Tax Rates Database | AvaRates from Avalara
I posted this 8 years ago, but after reading this post, I wanted to clarify and expand on some of the ideas I wrote back then. Sales and Use Tax Rates Solutions From fast, easy rate lookups to a complete…
We no longer accept credit cards on eBay.
Choosing a payment method (for buyers).1 For what it is worth (FWIW), we stopped accepting credit cards on eBay. Too much fraud and no tools to mitigate risk. We just accept Paypal now which is what eBay wants anyway. Once…
0% Balance Transfer – Difference between Capital One vs Citi Bank
I recently applied for two new credit cards. One was a Citi Bank and another was Capital One. Both offered 0% Balance Transfer for at least up to a year, with a small balance transfer fee (3% or higher). One…
How to Accept Credit Card Payments on Mobile Devices : Technology :: American Express OPEN Forum
I can envision a modern clothing boutique using an iPad to accept credit cards. The three services profiled here — Square, Intuit GoPayment and PAYware Mobile — hail from experienced entrepreneurs and seasoned payment veterans, and each offers a slight…
How the DOJ Visa/Mastercard settlement impacts your company | Shop.org Blog
Under the terms of the Visa and MasterCard consent agreements, once approved by the Judge, merchants who accept those brands of cards will be able to direct customers toward other forms of payment (such as cash, check, debit or Discover…