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April 01, 2008

U.S. Bank, Anheuser-Busch Introduce Budweiser Rewards Visa Card

U.S. Bank and Anheuser-Busch have announced they are partnering to offer the Budweiser Rewards Visa Platinum Card that will enable cardmembers to earn points toward gift cards good for Anheuser-Busch merchandise.

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Updated MasterCard Interchange Rates

MasterCard Worldwide has updated its online document containing its 'U.S. and Interregional Interchange Rates' icon_PDF_small.gif effective April 1, 2008.

Visa Expands Small Business Discount Offers Program Globally

Visa has announced the global expansion of its merchant offers program for small businesses. 'Visa Business cardholders now can access more than 130 discount offers, including country specific, regional and global offers. Discounts are currently available on products and services in 17 merchant categories- including car service/rental, computer/electronics, entertainment and telecommunications.'

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WaMu to Become Largest US Issuer of Debit Cards with MasterCard PayPass

Washington Mutual has announced that it 'expects to issue 12-15 million Debit MasterCard with PayPass cards in 2008, making it the nation’s largest issuer (as of Q42007). WaMu launched Debit MasterCard with PayPass nationwide in January, offering the card to new customers opening its signature WaMu Free Checking account, as well as to all WaMu Small Business customers. In March, the bank began issuing Debit MasterCard with PayPass to customers whose debit cards are renewing.'

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RadioShack, Trumpet Mobile Launch Prepaid Mobile Phone Service

Trumpet Mobile and RadioShack Corporation have announced the nationwide availability of Trumpet Mobile's prepaid wireless services at more than 4,300 RadioShack neighborhood locations. "As one of the fastest growing prepaid wireless service providers, Trumpet Mobile is a pioneer in the prepaid mobile money transfer market, which allows subscribers the unique ability to make Western Union money transfers within the U.S. and to Latin America and the Caribbean from their mobile phones."

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Affinity Mobile, mFoundry Partner for Mobile Financial Services

mFoundry and Affinity Mobile have announced an alliance to pursue the expansion of mobile wallet services to prepaid and underbanked markets worldwide. 'Affinity Mobile’s MADE solution will be paired with mFoundry’s Spotlight Financial Platform software to create a comprehensive mobile wallet solution for the U.S. and international markets. The combination of the two companies’ world-class capabilities to span both prepaid and postpaid subscribers’ needs will further adoption by mobile operators, financial institutions and consumers globally.'

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Blaze Mobile Wallet Supports NFC on AT&T, Sprint Nextel Phones

Mobile Candy Dish's Blaze Mobile Wallet is now available for cellular phones on the AT&T and Sprint Nextel networks. Using Near-Field Communication (NFC) technology, consumers using their mobile wallet software can simply wave their mobile phones to purchase merchandise. Unlike traditional credit card transactions, NFC transmits a user’s credit card information using radio waves to the credit card terminal and eliminates the need to take out the actual card and swipe.

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Trends in the US Credit Card Industry

TransUnion has published its analysis of trends in the credit card lending industry during the 4th quarter of 2007 - making it available on TransUnion.com. The company says this report is the first in a planned series of quarterly consumer lending sector analyses that TransUnion will publish on the site.

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