Why the U.S. Has not Adopted Chip-Based Credit Cards
U.S. issuers have preferred taking huge mag-stripe-related fraud losses, because a switch to the more secure EMV card technology would've been even more costly....
The Origins of Electronic Payments Redux
An infographic is tracing the concept of e-payments all the way back to 1887 when the concept of using a card for purchases is described in a utopian novel....
How to Manage Chargebacks Caused by Authorization Errors
Visa uses four different codes to designate chargebacks caused by authorization errors: 71, 72, 73 and 77. Here is how to manage each one of them....
Why Are Ever More Americans Turning to Quick Cash?
15M Americans are taking out payday loans, pawn loans, deposit advance loans, title loans and non-bank installment loans every year and their number is growing....
The 2013 Holiday Shopping Season by the Numbers
We've had a yuletide buying spree on an epic scale. It's hard to find a metric on which this year's shopping extravaganza did worse than any preceding period....