mcdonalds

Former Employee Sues McDonald’s After Being Paid Only in Prepaid Debit Cards

The interchange fee debate took an interesting turn after a former McDonald’s employee in Pennsylvania sued the hamburger chain for refusing to pay her in anything but a debit card. A detailed report by the Citizen’s Voice newspaper revealed that the Shavertown McDonald’s forces workers to be paid only one way: with a payroll debit

prepaidWEB

NRF To Fight Swipe Fee Settlement

“The proposal is a lose-lose-lose for merchants, consumers and competition,” says NRF CEO. The National Retail Federation’s Board of Directors has authorized the Federation to go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over skyrocketing Visa and MasterCard credit card swipe fees that cost consumers hundreds of dollars

creditcards

American Express Announces EMV Plans

First compliance deadline set for April 2013. American Express issuer is joining MasterCard, Visa and Discover in integrating EMV chip-based contact, contactless and mobile payments for its American Express-branded cards in the U.S., Contactless News Online reported. Merchants, processors and issuers of AmEx cards will need to comply with its requirements and deadlines: • April

cardswipe

USA Today Deflates Banks’ Swipe Fee Myths

Makes strong case for credit-card reform. In a news story today, USA Today exposed some of the myths banks propagate about hidden, exorbitant “swipe” fees the banks charge retailers when customers buy with credit or debit cards, the Merchants Payments Coalition reported. The article also makes a strong case for reforming the way Visa and

Dunbar_EZChange_Order photo

The Evolution of Cash Management

Smart safes are getting smarter and so are the convenience store operators who use them. By Howard Riell, Associate Editor It’s all about the money, so handle it intelligently. Having a smart safe—and training employees to use it effectively—relieves a lot of the traditional headaches associated with handling cash, according to Los Angeles-based retail security

money2

BOA Drops $5 Monthly Debit Fee Plan

After its competitors dropped their planned fees, and faced with public backlash, BOA cuts plans for a new debit fee. Bank of America Corp. (BOA), which announced plans for a $5 monthly debit card fee in late September, has abandoned the idea following nationwide backlash from consumers and lawmakers, Bloomberg reported. The bank fee would

rewards-scan

Instant Rewards for Fuel Customers

With gas prices again on the rise, consumers are pumped about loyalty programs that offer discounts on gasoline. By Pat Pape, Contributing Editor. Today’s competitive retailing environment makes it tough to attract and keep customers, so convenience stores are turning to loyalty programs that allow the faithful to earn points as they shop and redeem

thorntons

Thorntons Offers Fuel Deal For Debit Users

Customers can now save five cents per gallon with debit card and PIN. Thorntons has launched a new fuel savings program in Lexington, Ky., where customers can instantly save five cents per gallon at the fuel pump. This new program began on Tuesday, March 15 at all 10 Lexington area Thorntons locations. Customers save five

creditcards

Swipe Fee Fight Returns To Capital Hill

“We’re not looking for a free ride. What we’re looking for is fair and reasonable,” notes 7-Eleven Franchisee Dennis Lane. Thursday, Feb. 17, marks the eighth public hearing on debit and credit card swipe fees. The hearing, scheduled for 10 a.m. is set to be held in the House Subcommittee on Financial Institutions and Consumer

Prepaid Services

Blackhawk Network, a provider of prepaid and financial payments products offers PayPower, a suite of prepaid products and services designed to help consumers stay in control of spending with simple and safe solutions that provide value, transparency and budgeting. The suite of products is targeted to consumers looking for alternatives to traditional financial credit, whether

$3 Reloadable Prepaid Cards

nFinanSe Inc. has launch its $3 Reloadable Prepaid Discover Cards at Memphis-Tenn.-based Fred’s Hometown Discount Stores, a regional chain of stores located in the Southeast and Midwest. The cards sell for just $3 and the reload fee and monthly maintenance fee are only $2.95, the ATM withdrawal fee is an industry low 99 cents, and

Cumberland Farms Offers $3 Prepaid Cards

Cumberland Farms convenience store locations in New England, the mid-Atlantic and Florida are adding nFinanSe $3 Visa and $3 Discover Reloadable Prepaid Debit Cards. “By offering it’s customers a $3 Visa or $3 Discover Reloadable Card, Cumberland Farms will now be able to compete with any retailer on the basis of price for a reloadable

QuikTrip Expands Rewards Debit Card Program

QuikTrip is expanding its QuikTrip Rewards Debit Card program, using Tempo’s affinity debit card platform and re-issuing the cards with Tempo partner First Bank & Trust of Brookings, S.D., part of Fishback Financial Corp. Tempo-powered affinity debit cards link to consumers’ existing checking accounts and can be used everywhere Discover cards are accepted. The QuikTrip

Speedway Adds Speedy Rewards Pay Card

Speedway SuperAmerica LLC (SSA), has partnered with the National Payment Card Association (NPCA), a provider of merchant branded PIN-based debit cards, in taking their Speedy Rewards loyalty program to the next level through the introduction of the Speedy Rewards Pay Card. Speedy Rewards members can now turn their loyalty card into a debit card by

Marathon Oil Implements Visa ReadyLink

Visa Inc. and Marathon Oil Corporation are rolling out Visa ReadyLink—Visa’s prepaid reload network—in 4,000 Marathon Brand retail stations. To date the service has rolled out to approximately 2,000 locations, with the remainder expected to be active by the end of 2010. Marathon markets through approximately 4,600 branded locations in 18 states in the Midwest

Gaming Purchases Just Got Easier

7-Eleven Inc., the world’s largest convenience store chain, and Kwedit Inc., a provider of alternative payment systems, are making it easier for millions of online gamers to buy virtual goods in a game-changing “Play Now. Pay Later.” plan, announced today.   Americans who do not have credit or debit cards or who prefer to pay

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