“In the spirit of bringing bitcoin to the masses, we are proud to announce the Xapo Debit Card – the first bitcoin debit card that allows users to spend bitcoins just like cash all over the world, right from their Xapo Wallet,” the company declared on its blog.
Tag: credit card
How To Use A Secured Card To Rebuild Your Credit
Who among us hasn’t needed a second chance? Or a first opportunity? For the millions of Americans who were battered by the Great Recession and came out of it with a tattered credit score, plus the legions of young people who haven’t had a chance to earn and spend money wisely, these are not abstract… Continue reading How To Use A Secured Card To Rebuild Your Credit
How To Keep Holiday Spending Joyful
Prepaid debit cards can help you stick to your budget. by Shane Tripcony It seems to happen earlier and earlier each year. Even before the little ones don their witch and ghost outfits to go out trolling for candy on Halloween night – let alone before anyone has planned out their Thanksgiving Day feast –… Continue reading How To Keep Holiday Spending Joyful
Pros and Cons of Traveling with a Prepaid Debit Card
Should you pack a prepaid debit card for your next trip? By Lucy Lazarony Going on a trip? Here’s a look at the advantages and disadvantages of traveling with a prepaid debit card in your wallet. An alternative to credit cards. If you don’t have a credit card or don’t want to travel with one,… Continue reading Pros and Cons of Traveling with a Prepaid Debit Card
FTC Charges Marketers with Deceiving Small Businesses
As alleged in the complaint, MSD sales agents typically call small businesses and lead them to believe they are associated with the businesses’ current card processor, Visa, MasterCard, or their bank. The sales agents allegedly promise substantial savings on credit and debit card processing, specifying a much lower rate than the business is currently paying. Agents quote one fee, a fixed per-transaction cost, without mentioning all the other fees the businesses will have to pay, and when asked if there are other fees, merchants are allegedly told there are none.
Swipe-Fee Rule Rejection Helps Merchants and Banks’ Cost
Before Federal Reserve regulations cut back on perks such as reward programs and free checking to soften the blow, Lenders collected about $16 billion annually from swipe fees. Unless overturned, the decision will force regulators to revisit rules that bankers said would cost them 45% of their swipe-fee revenue.