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Credit Card News


Introducing Serve: The AmEx Payment App Now Available on Facebook

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Those that find it hard to leave Facebook now have one less reason to do so. This is thanks to the new payment app launched on the world’s biggest social networking site courtesy of American Express.

If you’ve been putting off all those financial obligations until the last minute just to get a little more time playing your favorite games, chatting with your friends or updating your status, you’ll be pleased to learn about this extremely useful new app called Serve. This digital payment app allows users to access the ability to pay their bills, give cash gifts and more without even opening a new tab! Sending, receiving and requesting money has never been easier thanks to this new service.

Serve is a breeze to utilize and can even be used to request and collect money from any of your facebook friends. Simply fill out the request form and send the message and it will appear on the recipient’s wall! Of course American Express is providing some privacy by designing the message to hide any details from users other than the recipient.

The best part about Serve is that there are absolutely no fees to use the app and registered members only need to provide their PIN number to send payments.

One of the most useful features of the new app is the ability to create a widget that allows anyone to raise money for an event, a worthy cause or even a charitable campaign.

Serve is revolutionizing the way we exchange money and we here at CreditCardsProfessor.com would like to applaud facebook and American Express for bringing such a useful tool to the fingertips of all who enjoy using the ever growing social networking site.

As always, please stay tuned for more of the latest credit card news, special credit card offers and important cardholder updates.

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US Credit Cards to Undergo Massive Transformation in Coming Year

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altUS cardholders are about to catch up with the rest of the world when it comes to credit card payment technology.

The old magnetic swipers will be replaced by a more secure and efficient “chip and pin” card system that has already become the most prominent payment method for places including the UK, Canada and Australia.

The system works similar to a debit card in that a pin number must be used at the point of purchase in order to authorize the transaction. Instead of being read with a magnetic swiper, the cards are embedded with RFID chips and the payment processing device uses near field communication to read the card information. It is safer because the data is encrypted whereas the magnetically scanned cards are not.

It is expected that the new cards will be required to be accepted at locations across the US by the end of 2013 according to Visa and MasterCard who are pushing the new technology.

The main reason behind the switch is to help minimize credit card fraud which is estimated to cost the US a whopping $2 billion a year. Chip and pin credit cards will at least help prevent some fraudulent transactions from being approved therefore greatly reducing fraudulent charge costs in the US.

As always, please stay tuned to CreditCardsProfessor.com for more of the latest credit card news, special card offers and important cardholder updates.

 

The Credit Card That Rewards Cashback for Good Credit Management Now Includes 0% Interest for 15 Months!

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altDiscover Motiva is a credit card that is unique in that it offers an incentive to cardholders that provides Cashback for good credit management.

The special Cashback Bonus alone is more than enough reason to get your own Discover Motiva credit card but right now you’ll get even more than that when you apply for the card through this online offer!

For a limited time cardholders can get 0% APR on purchases and balance transfers for 15 months! This is a great way to enjoy interest free purchases for over a year.

In addition to this special 0% intro APR offer, you’ll also get up to 20% Cashback Bonus at popular retailers by shopping online at ShopDiscover.com. 24/7 access to a US based account manager within 60 seconds, $0 fraud liability, automatic mobile and email fraud alert options, no annual fee and no rewards redemption fee are all included as well.

To learn more about his wonderful credit card called Discover Motiva, click here!

As always, please stay tuned to CreditCardsProfesssor.com for more of the latest credit card related news, special card offers and important cardholder updates.

 

Be Prepared for Spring Break: Apply For a Student Credit Card From Discover!

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altFor many college students, Spring Break is just a few weeks away and if you’re like many students, you’re looking forward to a wonderful time under the sun!

Whether you’ll be traveling to Florida to party on the beach or simply enjoying a relaxing time with your closest friends, it sure would be nice to have some flexibility to enjoy a good time without carrying around cash!

As a young adult, it is extremely important to begin building credit history as early as possible to prepare for the many milestones in life and we here at CreditCardsProfessor.com believe spring break is as good a time as any to start.

The Discover Student Card is the perfect way for you to get off on the right foot when it comes to building credit. At the same time, you’ll be earning Cashback Rewards on all your purchases making it a valuable savings tool as well. Just be sure that whatever you charge, you’ll be able to pay off quickly and easily so that you keep your credit climbing.

For a limited time, Discover is offering you a very special deal when you apply for the Student Card. Once approved, you’ll get $25 Cashback Bonus when you make your first purchase! But that’s not all. You’ll get 6 months to pay off your Spring Break expenses without paying interest!

The Discover Student Card comes with 5% Cashback Bonus on rotating categories that change every few months. These can include but are not limited to gas, restaurants, department stores and more. If you are like most college students, you probably enjoy some online shopping! By shopping through Discover’s online portal, you can receive up to 20% Cashback Bonus on your favorite brands. You’ll get 1% Cashback on all other purchases as well.

Another great reason to get yourself a Discover Student Card is because you won’t be liable for a single penny should your card become lost or stolen and fraudulent purchases are charged. This means you can party in complete security knowing your money is safe.

With no rewards redemption fee, no annual fees and no additional card fee, there is no reason not to apply for this amazing credit building card! Click Here to Apply Now and get an answer within 60 seconds!

 

Google Wallet Ditches Prepaid Credit Card Use Due to Security Issues

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altGoogle has removed the ability to use prepaid credit cards for payments in using Google Wallet. The move came Saturday after it came to their attention that there was a flaw in the wallet’s security layer that allowed an unauthorized person to use a phone to make purchases us an existing prepaid card balance.

“We took this step as a precaution until we issue a permanent fix soon,” said the Google Wallet and Payments Vice President, Osama Bedler in a company blog.

The security problem was discovered last Thursday by a blogger who was able to access any balances from a previously linked prepaid card simply by going to the settings on an Android phone and configuring it a certain way.

The company is working on a way to make the payment system virtually unhackable and more secure than any credit card today.

Those that wish to keep their Google Wallet information as secure as possible are urged to use the screen lock feature available on many phones. This makes it impossible to get into the system  in the first place.

As always, please stay tuned to CreditCardsProfessor.com for more of the latest credit card related news, special card offers and important cardholder updates.

 


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