Tag: CREDITCARDS

The hacker who orchestrated the biggest computer crime operation in U.S. history is alleging that the American government authorized him to do so. Last year, 29-year-old Albert Gonzalez pleaded guilty to hacking into computer systems at TJX, Office Max, Dave & Busters, Heartland Payment Systems and other companies, in order to steal some 130 million credit card numbers. He received a ...

Visa announced plans on Wednesday for a new personal payments service, with which U.S. customers can send or receive funds from any Visa credit, debit or prepaid bank account across the world. Much like with PayPal, customers with Visa accounts at participating banks will be able to swap money by entering the sixteen-digit account number, e-mail address or cell phone number associated with the ...

The high-tech Zenona Piggy Bank's purpose isn't immediately clear, but when has that ever stopped technology developers? Comprised of an iPhone, Arduino BT and credit card slot, the half-bank half-Tamagotchi gets sad when it's been too long without a payment. Just swipe your card, and a pittance equivalent to pocket change will be transferred to a separate account. Weird. ...

What do you get when you give an iPad to an 8-year-old girl? A bunch of Smurfberries, and a $1,400 bill from iTunes. That's what Stephanie Kay received, after her daughter Madison spent her winter break playing the 'Smurfs' Village' game on her family's iPad. The second-grader from Maryland apparently wasn't aware that the Smurfberries she collected cost real money -- a detail that, according ...

Thousands of iTunes accounts have been stolen, and are now for sale in China. According to the BBC, up to 50,000 fraudulent accounts are being sold on taobao.com, a Chinese version of eBay, at prices ranging from 1 yuan ($0.15) to 200 yuan ($30). Many listings for the accounts guarantee that buyers will enjoy unlimited downloads, including "software, games, movies, music and so on." Free ...

In June, MasterCard announced plans to begin testing a smartphone payment system for mass transit commuters in the New York-New Jersey metropolitan area. Now, the credit card company is reportedly allowing nemesis Visa into the venture, as well. As Reuters reports, the joint program will allow commuters to wave their credit or debit cards over electronic readers to purchase tickets, in lieu of ...

With the rise in mobile payment options, our kids probably won't know how to write a check or whose face appears on a $20 bill. MasterCard recently launched its 'MoneySend' app for BlackBerry devices. The app, which is also available for iPhone, lets users swap money with others, pay for informal products and services, and receive credit or debit card payments -- all for free. For example, you ...

If you had told us a few months back that mobile merchant credit card systems would become a serious battleground in the smartphone world, we probably would have told you that you were insane. Surely, the market for credit card-scanning iPhone peripherals would be incredibly small, right? Apparently it's not, and Twitter co-founder Jack Dorsey's 'Square' won't be able to monopolize the ...

Earlier this month, AT&T and Verizon announced a joint venture to test a new system that would allow customers to pay for products with their smartphones. Now, Bank of America and Visa have followed in their footsteps, and, as Reuters reports, will begin testing their own smartphone-payment system next month.The test run, which will take place in New York from September through the end of ...

The still-nascent field of smartphone payment systems may be getting a lot more crowded, since AT&T and Verizon Wireless have become strange bedfellows in testing a new system that allows store customers to pay for products with their smartphones. According to sources close to the deal, the test system would be similar to those already implemented in the U.K., Turkey and Japan, where ...

In an effort to retain a dwindling readership, some newspapers are equipping vending machines with credit and debit card readers. According to Advertising Age, The Wall Street Journal installed card readers on 190 newspaper boxes located in the greater New York area. It's a matter of convenience for customers, since many more people carry a Visa or Mastercard in their pockets than do quarters. The ...

We're pretty amazed that it took this long for PayPal to make a move, but the online payment company is finally going to let developers accept credit card payments from customers who don't have PayPal accounts. The new program, called Guest Payments, is particularly exciting for independent software developers who rely on PayPal for cheap and easy processing. PayPal has been appealing to ...

If you blame your credit card for making it all too easy to unconsciously rack up piles of debt, just imagine the kinds of splurge purchases you'd make if you could pay with your face. FaceCash, the new mobile payment system from ThinkLink, is an app that allows users to store credit card and bank account information directly on their smartphones, enabling them to purchase groceries, clothes or ...

We already know that debt collectors are turning to social networks to gather information about financial delinquents. Now lending institutions are trying to stop customers from even getting to the point of having to be trailed by a debt collector by turning to Facebook and Twitter for clues. The Pittsburgh Post-Gazette reports that officers at the Lending Club and other financial ...

Share If you don't have a debit or credit card, you won't be the owner of an iPad. Or so one Palo Alto, California, woman learned when she was turned away for trying to purchase Apple's new tablet with cash. According to an ABC 7 News report (video after the break), Diane Campbell, who is on a fixed income, saved for months to get the $600 she needed to buy an iPad. When she entered the ...