According to researcher Mercator Advisory Group, the load volume on open-loop, also called general-purpose or network branded, prepaid cards will surpass load volume on closed-loop cards by 2012.In its sixth annual prepaid card Mercator said users loaded $187.2 billion onto closed-loop cards last..
The largest debit card issues in the US, Bank of America and JPMorgan Chase announced major changes to their overdraft-fee policies. The changes came in response the government pressure due to the rising number of consumer complaints about excessive fees.Senator Christopher J. Dodd, who is chairman..
More Payment Options Equal More SalesThe more payment options an you offer at checkout, the more sales you make. Echecks are the most popular alternative payment method for US shoppers. Millions of shoppers regularly purchase goods and services online with electronic checks. Cards and..
Cards are Not Enough. Accept Checks Online.If you are selling on the internet & are accepting electronic checks , you are losing business. Alternative payments such as echecks. give shoppers another way to buy from you. Card declined? Offer echecks to rescue the sale. When you accept..
Get More Orders with Echecks Merchants selling on the internet that are not accepting electronic checks are losing business.Offering electronic checks as payments can increase sales by 29%. These would be payments for orders that otherwise would have been lost.When you accept checks online, you..
Make It Easy for Customers to Pay YouThese days, it’s amazing that some companies still do not provide customers a way to pay bills online. Are you a company that bills consumers? Make it easy for people to pay you by adding a “pay your bill” button to your website.Paying through a Bank..