Barclaycard US has inked an extension on their co-branded credit card agreement under which Barclaycard issues the priceline.com rewards Visa card. Barclaycard US is the fastest-growing top 10 U.S. credit card issuer.
A new study explores everything from whether googling diners before they arrive is creepy or cool to what diners think of emerging in-meal technologies like on-table touchscreens and mobile payment. However, 46% of diners say they have “never” used a phone to pay at a restaurant but like the idea.
In today’s CardFlash News Que: CSI (NuPoints); OPENTABLE (survey); AMEX (survey); and CREDITCARDS.com (card fees).
Apple Watch is being delivered today for the lucky first adopters, while those late on the bandwagon may have to wait to late June for shipment or to go in-store. But is it hype or hope? Whatever, banks and others are climbing aboard with AW apps.
The five million members of the Fuel Rewards program can now link their loyalty, credit, debit and prepaid cards to their smartphones. These capabilities will be complemented by the May 2015 roll-out of the company’s next-generation card-linked offer (CLO) program, which allows members to link any debit or credit card to the loyalty program.
One week after announcing it will become a separate company and hiring a big gun from American Express to be CEO, PayPal is feeling the heat from the emergence of Apple Pay. This morning PayPal is encouraging its 152 million active registered accounts to download a NFC App to turn their mobile phone into a payment device.
eBay plans to separate the company’s eBay and PayPal businesses into independent publicly traded companies next year. eBay also put Dan Schulman in charge of overseeing the PayPal break-off. PayPal has more than 152 million active registered accounts.
FeeFighters online comparison shopping engine has expanded its money-saving service into Canada. The free comparison site at www.feefighters.ca helps merchants cut through the murky waters of notoriously inflated rates, confusing contract terms and hidden costs to find the absolute best deal on credit card processing fees. FeeFighters brings transparency to the pricing structure of processing fees and maintains merchant-friendly rules for its processor marketplace. All processors featured on the site have been vetted and must adhere to strict rules and transparent pricing, which ensures business owners won’t get ripped off or hit with hidden costs.
With new credit card rules in place the top issuers launched more consumer and business friendly products in 2009. Among the best new card products of the year is a truly “green” card and a debit card with discounts for teens. CardTrak.com has compiled a list of the ten best new cards of 2009. And the winners are: 1. Gconomy Visa; 2. Chase Ink; 3. BofA Basic Visa; 4. Citi Forward; 5. Chase Sapphire; 6. AmEx Gold Premier Rewards; 7. Discover Current; 8. U.S. FlexPerks Visa; 9. Priceline Visa; and 10.BBVA Compass ClearPoints. The “Gconomy Visa” offers points for each purchase, donates a portion of every purchase to a “green” schools program, and rewards households for recycling. The Chase “Ink” card is a new business card portfolio that includes four distinct cards and marks the issuer’s first introduction of a pay-in-full charge card. The “BankAmericard Basic Visa” has simplified rates and terms offering the same APR for purchases, balance transfers and cash advances. The “Citi Forward” credit card lowers the purchase interest rate by a quarter percent when cardholders use credit wisely and rewards them with points has emerged each billing period for paying on time and staying under the credit line has emerged. The Chase “Sapphire” is targeted at the upper 15% of U.S. households in income and offers no preset limit, offers personalized customer service and is linked Chase’s “Ultimate Rewards” program. The American Express “Premier Rewards Gold Card” offers the opportunity to earn triple “Membership Rewards” points on airfare purchases, double points on gas and grocery purchases, and one point for all other purchases. The Discover “Current” card isa debit card for teens that offers members-only in-store coupons and online discounts at hundreds of merchants. U.S. Bank “FlexPerks Travel Rewards” earns double points for spending on gas, groceries or airline purchases – whichever is highest for the customer during the month as well as double points on most cell phone related charges. Barclays launched the “priceline.com Visa” enables cardholders to use their points as soon as they post to the account (typically within two days). Sunbelt-based BBVA Compass introduced the “BBVA Compass ClearPoints” credit card that features clear, simple and transparent terms and conditions, as well as pricing terms that will never change.
For more details visit CardTrak.com.
priceline.com has launched a credit card offering instant rewards. When cardholders make a purchase, they collect rewards points and then, as soon as the points post to their account (typically within two days), redeem accumulated points to pay for items on the credit card, including the item they just purchased. The new “priceline.com Visa” earns up to 4 points for every $1 spent on priceline.com “Name Your Own Price” reservations and up to 3 points on their published-price travel reservations. Card members can choose from one of three everyday spend categories (utilities, groceries or home improvement) to earn 2 points for every $1 spent. And every other purchase made on the card earns 1 point per $1 spent. There two Visa programs, one for a $29 annual fee offering more points and a no annual fee program. The card is issued through Barclays. priceline.com and Barclays are also sponsoring a 25 million bonus points giveaway to launch the card.
A new poll finds that 52% of Americans will charge their summer vacation to their credit cards. The e-mail poll conducted by priceline.com also found that 40% said they would pay with a debit card, check or cash. Only 20% of consumers responding to the priceline.com survey said they planned to drive to their vacation destination this year. Most consumers said they would fly instead to their vacation destination. About 73% said they would travel more than 500 miles each way with 13% traveling between 300 and 500 miles, 7% said they would travel less than 300 miles and 3% said they would just stay home.
Dallas-based TransFirst has named Don Krasnosky, formerly with Paymentech and SPS Payment Systems, as president of the company’s Shared Services Division. Krasnosky’s career in the credit card and payments industry spans more than 15 years, during which he served as a payment systems consultant specializing in payment-related products and services while managing back-office operational functions such as merchant implementation, chargeback processing, help desks and credit and debit card reconciliation. Krasnosky graduated Cum Laude with a concentration in Finance from the University of Miami. TransFirst is a provider of transaction processing services and payment enabling technologies and processes approximately $20 billion in annual sales volume for more than 160,000 merchants and more than 760 financial institutions.