Visa Europe’s mobile wallet.
Visa continues to expand the availability of mobile payments services in Europe, as the credit card company strives to keep up with consumers who want to be able to pay simply wherever they are, with whatever device they choose.
The expansion taking effect next month adds Arcadia Group’s
Source:: Mobile Commerce Daily feed
Fees for debit prepaid cards have shifted in the last year, with some transaction charges becoming less common while automated-teller-machine fees rose, according to a new study.
The level and types of fees charged on prepaid cards vary widely, according to an annual study by Bankrate, released today, which looked at 31 common prepaid cards. In general, while ATM fees are rising, many fees for using and servicing cards have declined, Bankrate said.
“Many of the higher-fee cards seen in the past have been marginalized or even discontinued, while the newer entrants often have more transparent fee structures and in many cases, avoidable fees,” Greg McBride, chief financial analyst for Bankrate, said in the news release.
Source:: Payments Source – Debit
Bento for Business Launches Prepaid Commercial MasterCard Solution Built Specifically for Small Businesses
New Startup Gives Small Business Owners Unprecedented Control Without Requiring Them to Put Their Personal Credit at Risk; Helps Plug Expense ‘Leaks’
SAN FRANCISCO, CA–(Marketwired – Mar 25, 2015) – Bento for Business(www.bentoforbusiness.com), which provides financial solutions that fit small businesses, announced today that it has launched its prepaid commercial MasterCard solution designed for small businesses that depend on employees to purchase supplies or services.
Because most small businesses do not qualify for a traditional business credit card, many owners are forced to either purchase all supplies themselves; or provide employees with personal credit cards, cash, gift cards or signed checks for business expenses. The former option is time consuming for business owners; the latter options involve a high degree of risk and hassle, and make spending very difficult to track and control.
Bento’s solutions are designed to save owners time and help eliminate expense ‘leaks,’ a type of fraud that can cost them up to 5 percent of their revenue each year.
Bento’s first offering, the Bento MasterCard, is a prepaid commercial card solution built exclusively for small businesses, offering real-time spending controls.