Debit card overdraft fees often exceed cost of purchase
The fees that banks charge debit-card users who overdraw their accounts usually cost more than the items being bought.
Visa, MasterCard push for chip cards
Visa and MasterCard are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches, including this week’s revelation that hackers stole consumer data from eBay’s computer systems.
Target: Customers’ encrypted card PINs were stolen
Target said Friday that debit-card PINs were among the financial information stolen from millions of customers who shopped at the retailer earlier this month.
Skimming fraud on upswing during shopping season
With only 19 shopping days left until Christmas, shoppers crowd the stores and browse the Internet in search of the perfect gift. For many, that means paying for the item by a swipe of the debit card and that could make unsuspecting shoppers vulnerable.
Teachers get ‘debit cards’ for school supplies
Beginning this fall, Mississippi teachers will have a new way to purchase classroom supplies — state-issued procurement cards which will function similarly to debit cards.