American Express announced a prepaid card with 1% cash back today, calling the card the first and only one of its kind. Debit reward cards became rarities after the Durbin Amendment slashed “swipe fees” earned by issuers in 2010. Retailers, who won out with Durbin, issued some brand-specific rewards cards, but consumersRead More
Post Tagged with: "Durbin Amendment"
Personal finance and payments company Pageonce has expanded its bill pay capabilities with its March 10 iOS update. The Android update was released March 7. The service now allows card-to-card payments, meaning customers can pay credit card bills using a debit card. Whenever Pageonce touches credit cards, however, there areRead More