Tag Archives: debit cards

Finance

Details Regarding Skimming, With Joseph Piacentile

With the weight that people put into credit and debit options, it’s easy to imagine that they should be secure. After all, they are used to carry out various transactions, and many people use them in lieu of cash they would have carried with them otherwise. Security problems might be concerning for you, which is why you might want to learn about skimming. In addition, you might become familiar with ways in which you can reduce your level of risk.

For those who do not know, skimming is when credit and debit card numbers alike are stolen, before being forged onto other cards for various parties to be used. The way that this is done is by use of “skimmers.” A card might be swiped through a particular device, only to go move along others so that the numbers in question can be taken. To say that this creates financial problems down the road would be nothing short of an understatement.

While it’s easy to assume that skimming is only done in big retail outlets, this is far from the truth. It’s easy to see that these cases can occur in bars, taxi cabs, and wherever else these cards may be accepted. For this reason, it’s important to exercise a level of care, which can be done with information from Joe Piacentile and others. As far as methods of prevention are concerned, the following information might be meaningful to you.

If you’d like to know how you can reduce your risk of becoming a victim of skimming, make sure you have an alternate method of payment. According to names such as Joseph Piacentile, cash is probably the best option. It might not be something you’d like to care in great amounts – and understandably so – but it’s worth keeping in mind all the same. It’s also worth noting that if you require cash back, go to an ATM that’s closely tied to your bank. This way, the likelihood of becoming a skimming victim will be further reduced.

Skimming is nothing short of detrimental to your financial responsibility. You should feel comfortable making payments at different locations, which can still be the case if you exercise the proper level of care. Information is so sensitive, which goes without saying, meaning that you should be mindful of the businesses you decide to carry out transactions with. By staying vigilant – and Joseph Piacentile can say the same – you are better off.

For more details about Joe Piacentile, as well as what you’ve read, please contact Joseph Piacentile.. This article, Details Regarding Skimming, With Joseph Piacentile is released under a creative commons attribution license.

Finance

Joseph Piacentile: How To Combat Debit Card Fraud

Suffice it to say, debit cards are commonplace in this day and age. Anyone who has ever used these can tell you the same, especially when they are nothing short of secure for payment reasons. With that said, a tool such as this runs the risk of falling into the wrong hands, resulting in fraud. In order to better understand how debit card fraud can be taken care of – and Joseph Piacentile can help you along the way – please consider the following talking points.

Debit card fraud is defined as a type of fraud where debit information is taken by a system – usually facilitated by a card reader – before being sent to a number of third parties. What this means is that your information can be used to the financial gain of others, which is nothing short of a problem. This isn’t to say that you can’t reduce the risk of this issue, though. It’s just a matter of exercising care, as names such as Joe Piacentile can help you understand.

According to Joseph Piacentile, one of the best ways to combat debit card fraud is by immediately contacting your bank as possible. This can vary from person to person, since most banks will detect foul behavior at the onset, before letting cardholders know about it. However, if you observe it first, you will be able to consult your bank. From that point, you will be given clear instructions on what steps to take, in order to correct this issue.

While contacting your bank is essential, exercising care later on is nothing short of useful either. The reason for this is that some places are not as secure to do business with than others. If you are unfamiliar with a particular retailer, for instance, you’re probably not going to want to give your financial information so freely. Instead, be mindful about where you do business; your financial situation, as a whole, will be better off for it.

Hopefully you have a better understanding of how debit card fraud risk can be reduced. This situation is nothing short of unfortunate, especially when given how careful most people are with their finances. If you feel like you are in this situation, do not become discouraged. Make sure that you contact your bank, give them all of the details, and exercise care for the future. Suffice it to say, your financial stability in general will be better as a result.

For additional details regarding fraud and Joe Piacentile, please get in touch with Joseph Piacentile.. Also published at Joseph Piacentile: How To Combat Debit Card Fraud.

Finance

All You Need To Know About A Prepaid Card.

You must have seen a small plastic card in the hands of your parents, co-workers, and strangers as well. Those small plastic things are called credit cards.

Prepaid Credit Card. A prepaid card is a method from which you can make payments for purchases you wish to make. The card may seem very ordinary but in fact you can use it to access your bank account without having to go to the bank. The card looks like any other card including debit cards but they come with a spending limitation which cannot be exceeded.

A prepaid card can be used in many ways, it can be used at a grocery store, it can be used at a casino, at a gas station or anywhere you wish to make a payment or buy something. These cards are an efficient way to travel around as well, as you do not need to carry a bulk of cash along with you; all money is stored in the card.

What Other Benefits Does It Have? Many cards come under the co-branded card programs, this program allows the cards to be merged with influential cards such as Visa. The benefit of this would be that Visa allows you to use this card from any location as it is accepted worldwide.

The co-branded card programs allow you to withdraw any amount of cash anytime you wish to take out. It can be the middle of the night or early morning, whenever you please according to your need. The programs as well as the card offer the holder service of 24 hours non-stop in almost any destination.

Let’s Go Online. Since the cards are in the co-branded card programs, this allows you to make payments online as well. Brands such as Visa and MasterCard are widely accepted online. The buyer does not have to worry about having cash on hand in order to buy what he/she wants.

Because the cards are in the co-branded card programs, you can use them to make payments online as well. Brands such as Visa and MasterCard are widely accepted online as well, so you do not have to worry about having cash on hand in order to buy what you want.

No More Drama. Money in the form of cash can be hard to roam around with. It is also not safe considering the conditions nowadays. If someone is carrying a bulk of cash, they are easily noted and robbed. On the other hand, those who have the prepaid credit cards are safer as no robber would make attempts to steal them. Those cards require special numbers called PIN which only the holder has access to. This means without the PIN number, the card is of no use to the robber no matter what the amount may be stored in the card.

It is very convenient to carry a prepaid card. Because they are merged with the co-branded card programs, they make travels much better.. Unique version for reprint here: All You Need To Know About A Prepaid Card..

Finance

Benefits Of A Co-Branded Prepaid Credit Card Program.

When you are an owner of a business, all you can ever think about is how can your business benefit from the decisions you take. Your decisions, good and bad, affect you business as a whole; these decisions can include anything from the smallest decisions, till the recruiting of staff members. One of the positive decisions you can make for your business is merging your company in a co-brand card program.

The program offers companies with the opportunity to merge with brands like MasterCard in order to get prepaid credit cards which are very useful at times. These credit cards allow you and your employees to have access to cash in their respective accounts from any location worldwide.

Availability Of Cash 24/7. The holders of prepaid credit cards are granted access to retrieve any amount of cash desired from their accounts, whether it is night or day. This is another benefit of owning a credit card as the necessity of cash can come unexpectedly.

This can also be used by your employees as well, they will also have unlimited access to their accounts irrespective of time or day. Co-brand card program involves your company with the combination of brands. Let us assume you own a large business and wish to adopt program so that all employees may receive their payrolls on time. So you decide to merge with Visa and MasterCard.

Accepted Worldwide. Being in the co-branded card program, you credit card can be accepted anywhere worldwide. This includes acceptance of the card at gas stations, retail stores, and even online. The card can now be used anywhere at all and anytime.

Meeting Client Satisfaction. The best part about having prepaid credits cards is the ability of providing satisfaction to your clients while doing business abroad. Let us assume that your client is living in another country and urgently requires a transaction. This can easily be done within minutes via credits cards which can be used to access the account whenever you require it.

Getting all work done on time including making important transactions helps your company or business build a positive reputation amongst your clients. This will be extremely beneficial for you as your business will receive great business reviews, and thus attract more clients.

Maintaining Track Of All Purchases. It is important to keep track and records of everything you do in a business. This requires a lot of time, and an accountant to keep track of each and every cent. The usage of cash could be either business related or personal, but as long as you are withdrawing cash from your business account you must make a note of it. It is not an easy task to do. Banks make it easy for you though; they provide account statements which help you keep track of all purchases made, whether they are merchandise for work or for personal usage.

The co-branded card program provides the owner of the credit card such perks, and much better too. The owners of the prepaid credits cards, who also own their own business can benefit from this option.

Finance

Which Is The Right Co-Branded Card For You?

Of all the plastic money available to the card holders today, majority of them select a MasterCard credit card or a Visa card. This allows them to spend their money all around the world.

In case of prepaid credit cards, there are several retail stores and companies that offer co-branded cards for their customers. It is better to select the right card in order to avail its various benefits in the best possible way. Following information will aid you in selecting a Master credit card or a co-branded card:

Here is what you need to consider before choosing a co-branded Visa or MasterCard credit card for your use:

Generally, there is an association between two or more businesses or brands in case of co-branded cards. Before opting for these cards, it is important that you consider you spending preferences. For example, if there is an airline that you frequently select for business purposes, opting for their prepaid card will prove to be beneficial for you then, and will provide you with added advantages as well.

However, co-branded cards are collaborated with two or more products, businesses or brands and for selecting this card, you have to determine your spending expenditures. Flying with the same airline every time you have a business appointment can save you bucks if you have their prepaid card, as well as provide you with added advantages. Attaining a prepaid card from your favorite store or shop will allow you to avail many discounts and special offers in all of their chains worldwide. Cheaper fuel can be bought if you get a prepaid card from your fuel company.

Benefits and Rewards. Almost all prepaid and credit cards will provide you with additional rewards and benefits. Some will offer discounts, others will offer gift hampers on fixed amount of purchase and so on. Discover the rewards that are associated with your chosen card before finalizing your selection.

Card Charges. There is a small fee for the issuance of a co-branded card by many companies. However, this fee is one time only, and after that, there are no further charges for the usage or maintenance of the card. This means all purchases made by you are free of extra charges. It is better to keep in mind the utilitarian value of both cards and make a comparison before making your final decision.

Co-branded credit cards offer many benefits to the cardholders. Therefore, make the right choice with the help of the above given considerations and get your MasterCard credit card today!

A Visa or MasterCard credit card can help you in shopping online, as well as globally, less the need of cash payments. So apply for a co-branded card today to avail its benefits!. This article, Which Is The Right Co-Branded Card For You? is available for free reprint.

Finance

Prepaid Cards Or Debit Cards – Which One To Select?

In among the many different options to pay by means of plastic money, people often end up being confused on debit and co-branded prepaid cards. They are way too similar both in their cancellation policy as well as their usage for most of them to be really sure of which one they should choose from. So, you may exploit them worldwide and they may be cancelled when stolen or lost with ease. However, their logos make them distinct. This article addresses those concerns to make selection for you easier.

Information on Customers. A prepaid card issuance would need less and some very basic information regarding their customers. A debit card though would call for entire, much detailed, background information.

Is There A Credit Check? Customers are not charged with any credit check before the issuance of prepaid cards. However, credit checks are performed by the banks for debit cards to verify customer’s credit score and ratings before they issue them.

Card Fee. One of the best things about prepaid credit cards (especially the co-brand prepaid cards) is that they require only a minimum maintenance or opening premium while debit cards cater to a relatively different scenario. Their fee is in accordance with the bank account and will also include the costs of penalty for having overdrafts long overdue.

Card Charges. Prepaid credit cards are often charged with a small opening fees or maintenance charges, especially in cases of co-branded prepaid cards. On the other hand, debit cards with be charged with any fees applicable to the bank account, as well as any penalty fees applied to overdrafts that have become overdue.

Do They Require Customer Information? Complete background information of the customer is required in order to issue a debit card. However, in case of prepaid cards, merely a few basic details are needed from the customer.

Using ATMs. Not all of the prepaid cards empower a bank customer to be able to withdraw their money through an ATM whereas debit cards do facilitate their users with this benefit.

Conclusively, co-branded prepaid cards are ideal for those who do not have bank accounts yet and will probably take to a loan to fulfill their needs. Others owning an account already and not wanting to exceed their limits can simply go ahead in opting for debit cards. Be sure to act wisely.

Debit cards are a good option for those individuals who already have bank accounts and will not be tempted to exceed their expenditure limits. On the other side, for youngsters who do not have bank accounts and will be tempted to take loan, co-branded prepaid cards are the right option. So make the right decision today in accordance to your requirements!. Also published at Prepaid Cards Or Debit Cards – Which One To Select?.

Finance

How To Make Safer Online Transactions With Credit Cards.

Online shopping has become quite common these days with every other individual buying merchandise online with credit and debit card programs. However, when shopping online, many people are unaware of the safety measures that need to be taken in order to prevent identity theft, and other fraud cases.

One of the most common safety measures that people should take while shopping online is to avoid using debit card programs for their transactions. The reason for this is that debit cards lack the safety that can be found in other credit and prepaid card programs. Nevertheless, while online shopping is a convenient means of making purchases, there are a number of precautions that should be taken regardless of your payment methods. These precautionary steps include:

Only Shop at Trusted Sites. Not all websites are equally secure and you need to determine which ones are the most secured ones. Do not visit sites that are sent in spam emails, and only purchase items from authentic sellers that can provide you with the best quality of goods.

2. Never Perform a Credit Card Transaction in Public If you are using free Wi-Fi in a public setting, avoid sharing your credit card information, as the connection is not secure and can be intercepted by third parties.

Use antivirus protection. On personal laptops and desktop computers, always install antivirus software and firewall before you shop online. This is just a precautionary measure to ensure that your credit card details are not accessed by a hacker via your computer’s network.

Avoid Debit Card Programs. As mentioned above, debit cards should be avoided when making purchases online. The reason for this is that if your debit card information is stolen, you will lose all of the money within your account. However, with a credit card, the theft will not cost you your money.

Keep a record of your online transactions. Most online stores provide you with the facility to print your receipts and keep them with you as a record for your transactions. Make sure that you print the receipt and file it away in case of emergencies in the future. Printed receipts can also be used to calculate your expenses and determine if the right amount of money is being charged to you at the end of the month.

Get the convenience of buying everything you need via online stores and get them delivered to your doorstep, but just remember to keep the above given precautions in mind so that your credit card transactions will be performed safely.

Credit and debit card programs have made it very convenient to buy expensive items without making cash payments. So use your credit card safely for all your online shopping sprees!

Finance

Credit Card Programs And Their Advantages.

Plastic money has replaced paper currency all over the world with the emergence of credit card programs that are not only a convenient means of payment, but are also safe to carry and provide a number of benefits to the card holders.

MasterCard and Visa prepaid cards, credit cards and debit cards are generally the most used credit cards due to the fact that these cards can function anywhere in the world.

In general, the use of MasterCard and VISA prepaid cards and credit cards can provide cardholders with the following advantages and conveniences:

Money That is Readily Available. The importance of this feature in a MasterCard or VISA prepaid card or credit card cannot be emphasized enough, as they come in handy during emergencies.

Immediate Access To Money. Through MasterCard or VISA prepaid card or credit card, you get instant access to your money irrespective of the time and location. This comes particularly handy in case of any urgency or emergency as in such situations you need immediate cash.

Rewards. Most credit card programs offer a number of rewards to their customers. As mentioned above, two of the most commonly used programs are provided by MasterCard and Visa. The rewards program includes discounted prices of specific goods, gift hampers for making purchases for a specific amount, lucky draws, free coupons for particular shops or stores, and a lot more.

Improve Credit Score. People who have bad credit scores can offer face many problems when applying for home or car loans. The use of a credit card can help them improve their credit rating by proving their credibility and making them appear responsible. However, this is only possible when cardholders make timely payments to the bank before or at each due date.

Recording and Documenting Transactions. The credit card system records and documents all the transactions made by the users which helps them in keeping track of their expenses in a proper way. They can keep tabs on how, when and where they spend their money. A printed receipt is also sent to the credit card holder which shows all the transactions made. You can easily keep a record of this receipt with all your other financial documents.

There are many advantages of credit card programs. It is best that you choose a VISA prepaid card or a MasterCard for your expenses as they offer added advantages and convenience while ensuring you don’t get caught up in other debts.

Finance

Facts About Co-Branded Card Programs.

As rapid advancements are being made within the finance and business industry; plastic money has replaced paper money; and today, we see a large number of people using a variety of debit, credit and prepaid credit cards. The world’s population in general has stopped carrying cash due to the convenience and safety provided by plastic money.

Before adopting a co-branded card program, companies need to acquire the background knowledge of such programs and learn the key features associated with it.

What is a Co-Branded Card Program? Any credit card program initiated by the joint venture of more than one company or brand is considered to be a co-branded credit card program. The brands or companies involved within such ventures usually include a business enterprise that has collaborated with MasterCard or Visa to make its card acceptable worldwide.

The program works well for all types of cards, including prepaid credit cards. This is what makes it the best option for promoting your business, as the card contains your company’s logo as well as the card provider’s logo, bringing better promoting and growth for both companies. Sometimes, even banks add their own logos to the card to gain more clientele for their enterprise as well.

The credit card program is used to provide the customers and employees of the primary business with easy means to use their money while promoting the business by keeping it in the customer’s eye with the help of a convenient payment solution. This increases the bond of loyalty that you share with your clients and will bring them back to your business frequently.

Although companies, banks, and card providers find this as an efficient way to gain exposure amongst people, they are not the ones who benefit the most from it. The cardholders using the card on a daily basis are able to make transactions in a secure and convenient manner, thus increasing customer loyalty.

Little To No Service Charge – A credit card program can provide people with the convenience and safety of making large transactions at minimum service costs.

Service Charges are considerably less when people make transactions.

Functions Internationally – if you opt for a co-branded card program, you will be able to provide your customers with the ease of using their money wherever MasterCard or Visa is acceptable.

Easy And Free Replacement – Some card providers also provide quick and free replacement of the card if it is lost or stolen.

Reward Programs – Most card programs will also offer incentives and rewards to cardholders, which is an additional benefit for them.

Card providers often hold special deals that they offer to cardholders upon applying for the card or during certain months.

Thus, co-branded card programs can be quite advantageous for businesses all over the world. However, out of all the choices available, prepaid credit cards can be the best option for most businesses that want to facilitate their customers along with marketing their brand.

co-branded card program is the most effective and successful when merged with prepaid credit options. So get a prepaid credit card for your company today and market your brand in the best way!

Finance

How Are Co-Branded Prepaid Cards Beneficial For Your Business?

Consumers purchase a number of goods and services with the help of varying payment methods that are available in today’s world. These methods of payments include a range of debit cards, credit cards, checks, cash, bank drafts, money orders, and prepaid credit cards. So the question arises that what are prepaid credit cards and how can your business benefit from them? Keep reading to find out.

Prepaid Credit Cards Unlike a genuine credit card, all prepaid credit cards provide the cardholder with a fixed amount of money that has been previously stored into the card. Thus, although a prepaid credit card works just like a normal credit card, the money used by the individual to purchase items is their own.

What Is Co-Branding? Many businesses offer co-branded prepaid cards to their customers and employees via a prepaid credit card program. A card that has been co-branded contains two logos or brands on it. The first is your business’s brand logo. The second is a logo of MasterCard or Visa.

Thus, a co-branded card is a type of partnership between your business and MasterCard or Visa; that allows you to provide your customers and staff with the opportunity to spend money all over the globe with the help of a prepaid card program.

In fact, numerous companies that have come together to produce the card have their logo present on the card. After the company distributes the card to their respective cardholders, the company or the cardholder can deposit money into it. Thus, allowing the cardholders to purchase from online retailers located across the globe. How Your Business Can Benefit from a Co-Branded Credit Card?

It provides you with a prepaid card program that is collaborated with MasterCard or Visa, which makes the card acceptable all over the globe.

It is a safe way of making transactions and can easily be used by your customers and employees at all stores worldwide.

Employees will also benefit from a prepaid card program, as it will provide them with easy access to their moment and they will also be able to use the money directly with the card.

– Your employees will be able to make use of their salaries in an easier and convenient manner with the help of your prepaid card program.

– Having funds transferred to a card will allow the cardholder immediate access to the money, making it easier for them to resume their purchases without wasting time in lengthy transactions.

Up and coming or established businesses should incorporate co-branded prepaid card into their business structure due to the multitude of benefits it provides them.

Multiple co-branded prepaid cards are a part of any particular card program. The most commonly used prepaid card program are of MasterCard and Visa, as they work globally.. Check here for free reprint license: How Are Co-Branded Prepaid Cards Beneficial For Your Business?.