Visa’s Take on Debit Cards
A representative from Visa offered to answer a few questions for Consumerism Commentary readers about debit cards ... their payment of the credit card bill). With debit cards, any purchase made immediately affects ... all financial institutions issuing Visa products to extend provisional credit for losses [more...]
Date: 2008-12-22 11:00:46
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56,000 More Victims of Heartland Breach
About 56,000 members of Suncoast Schools Federal Credit Union have been notified that their debit card accounts were exposed to fraud. It is the latest casualty of last year's breach of Heartland Payment Systems, one of the country's largest credit card processors, where information from more than 100 million credit and debit card transactions was exposed. Not until the end of May did Suncoast discover that some of its customers who use Visa Check Cards could be in danger. [more...]
Date: 2009-06-18 23:04:00
Debit Card Liability Protection
I recently asked a representative from Visa’s debit card division (site sponsor) ... you pay nothing if unauthorized purchases are made on either a credit card or a Visa Check card ... several questions about my favorite alternative to the credit card - the debit card. Here’ [more...]
Date: 2008-12-24 04:36:22
Brief Interview With a Visa Representative
You may have noticed a new sponsor lately. Yep it’s Visa ... to use as a credit card? Despite the popularity of debit cards, consumers are often confused ... of the same features and protections provided by their credit card are also offered with debit cards [more...]
Date: 2008-12-23 16:49:43
Expensify: A new take on expense reporting
Business travel seems to be one enormous headache, with the long security lines, the new fees for luggage, ... your credit card information. They send you a brand new Visa debit card, which you then use ... . I do have to consolidate expenses to invoice my clients, however, which accounts for more than half of my travel. Over [more...]
Date: 2008-09-24 11:30:59
A “Computer Glitch” Caused Macy’s Customers to be Charged Twice
On December 22, a representative for Visa wrote about that company’s protection for customers who use debit cards: If your account is compromised, ... provisional credit for losses from unauthorized card use within 5 business days of notification ... Visa is committed to setting things right without further aggravation or inconvenience [more...]
Date: 2008-12-30 20:00:49
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