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Have your credit cards been changing too?, Jerry Loggins
Have you been getting notices from your Credit Cards telling you that your interest rates are going up? Or that your minimum monthly payment is being Read more..
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Blog Posts Business2 at resalerightsworld.com - Accepting Credit Cards
a lot of people nowadays, prefer the convenience of... Read Full Story
It is much easier and faster to get a merchant cash advance than it is to get a bank loan. Bank loans require loads of documentation, proofs, guarantees, and most importantly, time; and time is perhaps the most valuable resource in today’s cutthroat competitive environment.
Merchant cash advance providers work quickly. They do not need extensive documentation and it is available to the business in a week or two. If the provider and business owner have done business before, the process is... Read Full Story
The company behind the READYdebit line of prepaid Visa cards, Ready Financial Group, Inc. , today announced that it has raised a $7 million Series B funding round. The investment round was led by Rockbridge Growth Equity, a Detroit-based firm begun by Quicken Loans founder Dan Gilbert. Flybridge Capital Partners also participated, with partner Jeff Bussgang joining the Ready Financial board of directors.
According to Ready Financial’s press release, the round comes at an opportune time in... Read Full Story
Let's End the Debit Card Fee-for-all
Of late, a spotlight has fallen on the wide range of fees charged annually to consumers who use debit cards. News stories and congressional inquiries have brought to light the extent to which lucrative overdraft charges, for example, are being collected. "Prepaid" debit cards with maintenance and inactivity fees, among many others, have also attracted attention. And to avoid spurring legislation that would control the fees they set, certain large... Read Full Story
American Express (NYSE: AXP) today announced that they are acquiring Revolution Money, the financial services company founded by Steve Case in 2007. The acquisition is a move by American Express to expand its line of prepaid products. The deal is expected to close in the First Quarter of 2010.
Revolution Money was formed as an alternative payment system with an objective to reduce merchant interchange fees and other expenses associated with the big payment networks. It is unclear how many... Read Full Story
Have you dreamt recently of taking that long awaited retreat cruise to the Greek Isles or that weekend getaway to the Bahamas? Or how about taking that African safari? Visualize sipping iced tea in the Sahara or touring the pyramids. Some of us have the luxury of being competent to afford these vacation “bonus”, but most of us normally cannot afford the luxury. And how, you may discuss with, can a credit cards really assist in helping you decide that vision trip? Believe it or not, a few of... Read Full Story
For many people, recent times have proved to be the most difficult financial period of our lives. Your problems then grow to be more hindered by the fact that you have a bad credit rating and can’t obtain finance from your own bank. Unfortunately, this then has a follow-on effect and therefore makes your private finance situation worse than ever.
Attempting to strengthen one’s credit report can be challenging. Obtaining new credit may seem to be near impossible as many card issuers... Read Full Story
If a company owner or manager desires to start accepting credit card processing , there is a range of aspects related to how the merchant account will help the business that he has to analyze. In order to get the best credit card processing into your business, it is important to first think about how the system will be run on a daily. You should about what type of hardware you want in your merchant account agreement. The merchant account of your choice may include leased equipment in the... Read Full Story
On October 27, 2009, Eufora, LLC was issued a U.S. Patent covering aspects of their prepaid debit card “credit builder” features. The patent is U.S. Patent No. 7,607,570 and is titled: “Methods of Establishing Credit”. The patent, apparently, relates to techniques used by Eufora in their Eufora Elite Credit Builder line of cards.
No press release was issued by Eufora (at least as far as we can tell), so the patent quietly issued without any announcement. Here is a quote from the Abstract of... Read Full Story
The United States Federal Reserve Board today announced a set of rules designed to prevent financial institutions from charging consumers fees for paying overdrafts on automated teller machine (ATM) and one-time debit card transactions, unless a consumer consents, or opts in, to the overdraft service for those types of transactions.
The rules are designed to stop the practice where banks charge high overdraft fees for transactions which could have been prevented by issuing a “decline... Read Full Story