SBI Credit Card users alert! Tap and go! Mastercard introduces this new feature on app

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Ever since the outbreak of Covid-19, contactless payments have emerged as the safest way of making payments as they are more secure and require minimum physical contact between the merchant and customer. Now, Mastercard and SBI Cards & Payment Services Ltd. (SBI Card) on Wednesday announced the launch of contactless payments on the SBI Card app. This is the first-ever app of a credit card issuer in India to use Mastercard’s tokenization platform, Mastercard Digital Enablement Service (MDES), that allows payment credentials to be securely tokenized and stored in mobile devices.

What are the benefits for SBI Credit Card users?

– With this service in place, SBI Card Mastercard cardholders need not carry physical cards and can transact at any contactless point of sale terminal using their mobile.

-So, the cardholders enjoy the benefit of paying upto INR 2,000 with just a tap on their

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Can a payment card counter London cab drivers’ rising costs?

Viva Wallet is offering London’s 20,000 black taxis a Mastercard-branded business debit card whose cashback is meant to be offset against card acceptance fees at the acquirer’s in-taxi terminals.

London taxi drivers typically pay card acceptance fees ranging from 2.00% to 3.95%, and, due to increased card usage during the pandemic, their business costs have gone up.

“The average London taxi driver spends 60% or more of their monthly income on fuel, groceries, and other daily expenses,” said Costas Mantrantzis, Viva Wallet’s chief product and innovation architect. “At the same time, taxi drivers’ number one complaint about card acceptance is the steep transaction fees associated with card payments.”

Athens-based Viva Wallet was founded 20 years ago as a fintech, acquiring an e-money institution license from the Bank of Greece in 2013. Having bought Greek digital challenger bank Praxia in January 2020, Viva Wallet plans to act as a neobank, offering

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Consider using a virtual credit card when online shopping to protect your money

RALEIGH (WTVD) — During the holiday season, it’s vital to protect your information, including your money.

One way to do that is by using a new type of credit card known as a virtual credit card. Virtual credit cards give shoppers an added layer of protection. With the COVID-19 pandemic causing more people to shop online than ever before, it’s worth investigating this extra security measure.

A virtual credit card is a temporary credit card number that you can use while shopping online or over the phone. Catherine Honeycutt with the Better Business of Eastern North Carolina said, “Although they are connected to your credit card they have these generated account numbers and security codes, and expiration dates, that allow you to keep your actual credit card information and account information secure.”

Honeycutt goes on to say that these disposable card numbers are designed to protect your actual account number

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Visa Commercial Pay Brings Virtual Card Capabilities to Clients and Partners Worldwide

Visa Commercial Pay Brings Virtual Card Capabilities to Clients and Partners Worldwide

In collaboration with Conferma Pay, Visa helps businesses quickly digitize B2B payments

Visa (NYSE:V), the world’s leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, today announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and eliminate outdated manual processes.

This press release features multimedia. View the full release here:

(Graphic: Business Wire)

Virtual commercial cards have never been more necessary than today. Remote workers are turning to personal cards to pay for corporate expenses, buyers and suppliers need more efficient ways to pay and get paid, and businesses need immediate visibility into their company spend to improve cash flow and mitigate risk efficiently. Visa Commercial Pay provides comprehensive card-program management capabilities, including on-demand virtual card issuance to employees’

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How to Apply for an Unsecured Business Credit Card

When a business owner applies for a business credit card, the issuer usually requires a legally binding personal guarantee from the business owner. This guarantee states that the business owner will personally pay off the balance if their company itself can no longer meet the payments, which puts their personal finances and assets in jeopardy of seizure if things go sideways.

Though many credit card companies require this assurance, there are a select few that don’t. If you’re looking for a small business credit card that doesn’t require a personal guarantee, you should keep some things in mind as you begin the application process.

What is a personal guarantee?

In the world of lending, especially when it comes to obtaining a small business loan, the concept of a personal guarantee is also known as offering “collateral” against the debt an applicant is seeking. When applying for a business credit card,

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Global Business Card Maker Market 2020 Industry Key Player, Trend and Segmented Data, Demand and Forecast by 2026

The MarketWatch News Department was not involved in the creation of this content.

Nov 22, 2020 (CDN Newswire via Comtex) —
Global Business Card Maker Market 2020 by Company, Regions, Type and Application, Forecast to 2026 introduced by offers exclusive research & analysis on the market that gives analysis on market conditions, trends, inclinations, key players, opportunities, and geographical analysis. The report entails key developments in the global Business Card Maker market that demonstrates extensive information pertaining to detailed coverage, with appropriate references of definition, application, and regional scope. The report attempts to track the evolution of the growth path of the market from 2015 to 2020. It also provides long-term market growth projections for a predefined period of assessment, 2020 to 2026. The market is evaluated mainly on segments namely types and applications which cover all the analytical data for current and future markets.

The Report Provides The

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Protect Your Business Against Gift Card Fraud This Holiday Season

The holidays are now upon us. Of course, against the backdrop of COVID-19, we’re looking at a season unlike anything we’ve ever seen before.

Unsurprisingly, many consumers are opting to do the bulk of their shopping online. But, while skipping out on the crowds and the chaos at the mall doesn’t sound too bad, surging COVID infections mean that big gatherings with family and friends are out of the question for a lot of us, too. And, with many consumers unable to gather in person, they’re likely to look for easy ways to give gifts from a distance.

That’s where gift cards come in.

Gift cards have been a popular option for decades now. They once had had a stigma attached to them, with many viewing gift cards as impersonal. That’s no longer the case, though; in fact, according to the National Retail Federation, 61% of Americans say gift cards

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UFC 255 start time — Deiveson Figueiredo vs. Alex Perez: Live stream, card, prelims, PPV price, TV channel

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UFC 255 is set to kick off from Las Vegas on Saturday night with a pair of title fights on the marquee. Both the men’s and women’s flyweight titles will be on the line as Deiveson Figueiredo looks to make his first defense of the 125-pound belt when he takes on Alex Perez while Valentina Shevchenko tries to defend his title for a fourth time against Jennifer Maia.

It might not be the deepest card in UFC history, but it has plenty of names fans will recognize when fights begin to commence from Sin City. Among them is Joaquin Buckley, the viral sensation fresh off his Knockout of the Year in October when he takes on Jordan Wright on the prelims. 

Can’t get enough boxing and MMA? Get the latest in the world of combat sports from two of the best in the business. Subscribe to Morning Kombat

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Why Is Capital One a Leader in the Credit Card Business?

Capital One (NYSE: COF) is perhaps the most credit-card-focused large commercial bank in the United States. In fact, many Americans would be surprised to learn that Capital One does anything other than credit card lending.

In this Fool Live video clip from our Nov. 16 “Industry Focus” show, host Jason Moser and Fool contributor Matt Frankel, CFP, discuss why Capital One’s credit card business is so successful and why the company chooses to focus on it.

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David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and Capital One Financial wasn’t one of them! That’s right

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Meet the ‘VIPER Girls,’ the female nightlife entrepreneurs who couldn’t get a credit card 4 years ago and now field requests to work the Super Bowl

a woman posing for a picture: Kelsi Kitchener, left, and Celeste Durve. Courtesy of Kelsi Kitchener and Celeste Durve

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Kelsi Kitchener, left, and Celeste Durve. Courtesy of Kelsi Kitchener and Celeste Durve

  • When Kelsi Kitchener, 28, and Celeste Durve, 24, cofounded their nightlife company VIPER by KCH four years ago, they “couldn’t get any credit cards, Durve said.
  • Kitchener said the first year was so hard that she “cried a lot,” but they worked so hard on outreach that they landed three jobs at Coachella in 2016. 
  • Now VIPER has worked with some of the biggest celebrities and global brands, including Drake and Hulu, and it’s fielding requests to work the biggest events, like the Super Bowl.
  • Kitchener and Durve say VIPER has a pre-money valuation of $4 million, up from about $1.5 million a year and a half ago.
  • Beyond the monetary value of their business, Kitchener and Durve are working hard to fight the “boys’ club” culture of the nightlife industry. “We
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