debit card – Aadhar UID http://aadharuid.in/ Thu, 10 Mar 2022 17:00:09 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://aadharuid.in/wp-content/uploads/2021/10/Icon-120x120.png debit card – Aadhar UID http://aadharuid.in/ 32 32 Ocala man arrested after using stolen credit card at local Walmart and Citgo https://aadharuid.in/ocala-man-arrested-after-using-stolen-credit-card-at-local-walmart-and-citgo/ Thu, 10 Mar 2022 17:00:09 +0000 https://aadharuid.in/ocala-man-arrested-after-using-stolen-credit-card-at-local-walmart-and-citgo/ A 53-year-old Ocala man was arrested after using a stolen credit card at a local Walmart and Citgo. On Monday, Feb. 21, an officer from the Ocala Police Department spoke on the phone with a male victim who had reported a recent robbery. The victim said he arrived at Planet Fitness located at 2800 SW […]]]>

A 53-year-old Ocala man was arrested after using a stolen credit card at a local Walmart and Citgo.

On Monday, Feb. 21, an officer from the Ocala Police Department spoke on the phone with a male victim who had reported a recent robbery.

The victim said he arrived at Planet Fitness located at 2800 SW 24th Avenue around 10 a.m. on Wednesday, February 16. In one of the lockers in the gym, he had placed a drawstring bag containing his wallet, driver’s license, $145 cash. , a debit card and a credit card, sunglasses and other miscellaneous items.

The victim forgot to bring his padlock and left the bag unsecured inside the locker. While working out, he received a notification on his cell phone that his credit card had recently been used at Walmart located at 7855 SW State Road 200. The purchase was $76.52.

When the victim returned to the locker, she noticed that her personal belongings were missing. He checked his account statement and noticed another fraudulent purchase of $57.74 at the Citgo gas station located at 7045 SW 83rd Place.

The victim was told by his credit card company that the Walmart purchase took place at 12:32 p.m. and the Citgo purchase took place at 11:53 a.m.

The OPD officer responded to Walmart and viewed security footage from February 16 at approximately 12:30 p.m. According to the OPD report, a middle-aged man was observed wearing a blue t-shirt with the Nike swoosh logo, gray shorts and black and white shoes.

The man paid for the items with the victim’s credit card. When he left the store, he entered an older model Ford pickup truck with an extended bed and a silver tool box in the back. The truck was observed exiting the parking lot as it headed south toward State Highway 200.

The officer walked over to Citgo and viewed security footage from the gas station. The same man was seen pulling up to a gas pump in a Ford F-150 pickup truck that had a silver toolbox in the bed of the truck.

After viewing the security footage, the officer proceeded to Planet Fitness where the theft had taken place. Membership cards are scanned when someone enters the gym, and a gym employee checks the system to see anyone who arrived around 10 a.m.

The officer viewed security footage from the gym and spotted a man who was wearing the same clothing as the suspect who used the stolen credit card at Walmart and Citgo. The man’s membership card was scanned when he entered the gym and he was identified as Leopoldo Alfonso Stagnaro.

Leopoldo Alfonso Stagnaro

On Tuesday, February 22, Stagnaro was located, arrested, and transported to Marion County Jail. He was later released on $8,000 bond and faces charges of fraud/impersonation (using another person’s ID without their consent) and unlawful use of a credit card, as well as misdemeanor charges of second degree theft and theft of credit. map.

A court date has been set for Tuesday, March 29 at 9 a.m., according to prison records.

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How to Buy Bitcoin With Credit Card Instantly 2022 https://aadharuid.in/how-to-buy-bitcoin-with-credit-card-instantly-2022/ Sun, 30 Jan 2022 05:15:00 +0000 https://aadharuid.in/how-to-buy-bitcoin-with-credit-card-instantly-2022/ Do you know how to buy Bitcoin with a credit card? Most avid crypto investors are looking to add BTC to their crypto portfolios right now. This beginner’s guide covers everything about crypto credit card purchases and where to buy Bitcoin with a credit card. How to Buy Bitcoin With a Credit Card – Quick […]]]>

Do you know how to buy Bitcoin with a credit card? Most avid crypto investors are looking to add BTC to their crypto portfolios right now.

This beginner’s guide covers everything about crypto credit card purchases and where to buy Bitcoin with a credit card.

How to Buy Bitcoin With a Credit Card – Quick Steps

  • Open an account with eToro – Go to the eToro website and click on the “Register Now” button to register using your email or social media accounts.
  • Verify account – Upload a copy of your government-issued ID card and proof of residency.
  • Deposit – Deposits as low as $10 are accepted at eToro. You can use a credit card, debit card or any other payment method to make a deposit.
  • Buy bitcoin – Buy the required BTC you desire.

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

Where to buy bitcoin with credit card

Looking for how to buy Bitcoin with a credit card? Here is a comprehensive review of the best brokers and exchanges that allow you to buy Bitcoin with a credit card.

  1. eToro – Best Overall Platform to Buy Bitcoin by Credit Card
  2. Binance – Best Crypto Exchange with High Liquidity to Buy BTC with Credit Card
  3. Coinbase – Best Beginner-Friendly Platform for Buying Bitcoin with Credit Card

1. eToro – Best Overall Platform to Buy Bitcoin with Credit Card

eToro is considered the best Bitcoin investment and trading broker. The Bitcoin trading platform has 20 million outstanding users worldwide and a wide range of financial services.

eToro is a highly regulated platform with operating licenses from the Australian Securities as well as the Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). These demonstrate that buying Bitcoin on the platform is safe and secure.

CopyTrader is a unique feature available on eToro that allows clients to watch and duplicate the trading tactics of more experienced traders and make more profit.

eToro allows investors to buy Bitcoin with a credit card, PayPal, Skrill, Neteller and other bank transfers. For trading, transfers and conversions of digital assets, the social trader supports over 40 cryptocurrencies. The platform boasts of the lowest minimums in the market. Investors from the US or UK can start trading with as little as $10. Moreover, eToro offers the best crypto wallet with top-notch security.

eToro is the best place to go if you want to buy bitcoins with USD. Although deposits are free, eToro investors must pay a $5 fee to initiate withdrawals.

Advantages:

  • Commercial Copy Tool
  • Extensive payment options
  • Highly regulated

The inconvenients:

  • Transactions are in US dollars

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

2. Binance – Best platform with high liquidity to buy BTC with credit card

https://static.mediawire.in/pr/metadata/15494522/temp/How_to_Buy_Bitcoin_with_Credit_Card_Instantly_2022_-1.png

Binance is one of the most popular crypto exchanges in the world. It surpasses all other exchanges in terms of trading volume, handling billions of dollars in daily trades. So if you are looking for a platform to buy Bitcoin with a credit card, this exchange has you covered.

There are many advantages to using Binance. Binance, as one of the largest Bitcoin exchanges, is extremely liquid. This implies that you will be able to trade Bitcoins in seconds.

In addition to credit card payments, Binance also offers a variety of payment options, including debit cards, e-wallet options such as PayPal, and bank transfers.

Advantages:

  • Low transaction costs
  • very liquid
  • Extensive inventory of digital assets

The inconvenients:

  • Not regulated in many countries

>>> Buy Bitcoins on Binance

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

3. Coinbase – Best Beginner-Friendly Bitcoin Exchange

How-to-buy-Bitcoin-with-credit-card-instantly-2022--2

Coinbase is generally recognized as the most liquid cryptocurrency exchange in the world, with a large volume of crypto pairings.

The platform may apply fees when customers buy, sell, or convert bitcoin, but the fees are low. Additionally, Coinbase’s minimum deposit is set at $2. The trading fee is 0.5%; however, there are no fees for initial deposits or withdrawals.

Coinbase offers a variety of payment options, including credit cards, bank transfers, and other options. Because it includes a mobile app and a standalone wallet, the platform is one of the best alternatives to eToro. The interface is simple and intuitive, making it easy for investors to purchase bitcoins by credit card.

Coinbase also offers educational materials and activities to help customers better understand the crypto financial market, how crypto works, and how to profit from crypto investments.

Advantages:

  • Suitable for beginners
  • Low minimum deposit
  • Intuitive interface

The inconvenients:

>>> Buy Bitcoin on Coinbase

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

How to buy Bitcoin with a credit card on eToro – Tutorial

1. Open an account on eToro.

How-to-buy-Bitcoin-with-credit-card-instantly-2022--3

To do this, click on the registration option on the eToro website. Enter your address and unique password or register with your Google or Facebook account.

2. Verify Identity

How-to-buy-Bitcoin-with-credit-card-instantly-2022--4

You must follow the know your customer (KYC) procedure to be fully integrated into the platform. All you need is a copy of your driver’s license or a valid passport. You will also need to show proof of residency, such as a recent utility bill or bank statement.

3. Deposit

Simply tap on the “Deposit Funds” option on the eToro site to make a deposit. You will be taken directly to the deposit page, where you can enter your credit card information. To fund your account, go to “Deposit” and enter the amount of digital asset you wish to purchase.

4. Search Bitcoin

In the search field, type ‘BTC’ and click on the first result that appears.

5. Buy bitcoins

Where-to-Buy-Bitcoin-UK---5-Best-Places-9

>>> Buy BTC on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

Click the “Trade” button to open the buy page to invest in Solana. Type the amount of Bitcoin you want to buy and click “Open Trade” to buy Bitcoins with a credit card.

Why buy Bitcoin with a credit card?

There are many advantages for investors who buy Bitcoin by credit card. These benefits include:

1. Fast deposits and withdrawals

On many exchanges where you can buy Bitcoin instantly with a credit card, transactions are usually quick and smooth. This is mainly because paying with a credit card eliminates the lengthy verification step required by other payment methods like bank transfers.

Additionally, most platforms such as eToro do not charge any fees for deposits made with credit cards.

2. High security

Credit cards offer better protection against fraud and some independence from your bank account, which adds an extra level of security. Indeed, the fees are not debited directly from your bank account; instead, your credit card issuer will see it as a charge on your account to be settled when you pay off your credit.

3. Easy to use

Paying for your Bitcoin purchase is decidedly easier to use than other payment methods. There is often no need to register with a third-party payment merchant or wait for deposit verification, which can take 3-7 days on eToro. Simply link your credit card to the platform and instantly buy bitcoins with a credit card.

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

How to buy Bitcoin with a credit card without verification

Investors can buy Bitcoin with a credit card without verification on some platforms that allow users to buy Bitcoin without verifying their identity. These platforms range from third-party bitcoin wallets to unregulated bitcoin exchanges.

However, some of these platforms may be dangerous and may not access your credit card details. We recommend using trusted and regulated exchanges like eToro, Coinbase, and Binance to buy Bitcoin with a credit card.

Conclusion

Following the rise of Bitcoin in the digital asset market, there has been an increase in payment options available to investors. One of these payment options is to buy Bitcoin with a credit card. This option is easy to use, cheap and fast.

This option leads to more questions such as where to buy Bitcoin with credit card. Our top pick is the master of social trading, eToro.

eToro is a trading and investment broker that allows investors to buy Bitcoin by credit card. Excellent customer service, wide investment options, a transparent fee structure and a highly regulated platform are some of the popular features of eToro.

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU. Your capital is in danger. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

Disclaimer: Content Produced by CryptoPR

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Panama police arrest suspect in credit card fraud case https://aadharuid.in/panama-police-arrest-suspect-in-credit-card-fraud-case/ Fri, 28 Jan 2022 21:04:00 +0000 https://aadharuid.in/panama-police-arrest-suspect-in-credit-card-fraud-case/ PANAMA CITY, Fla. (WJHG/WECP) – A suspect wanted for making fake purchases with a credit card has been arrested after his photo appeared in local media. Detectives from the Panama City Police Department said they arrested 41-year-old Bryan Lee Fussell on Thursday based on advice from the public. Officials said Fussell allegedly used a lost […]]]>

PANAMA CITY, Fla. (WJHG/WECP) – A suspect wanted for making fake purchases with a credit card has been arrested after his photo appeared in local media.

Detectives from the Panama City Police Department said they arrested 41-year-old Bryan Lee Fussell on Thursday based on advice from the public.

Officials said Fussell allegedly used a lost credit card in a local parking lot to purchase more than $260 worth of cigarettes from a convenience store.

Detectives say Fussell has been charged with fraudulent use of a credit card, two counts of felony use of personally identifiable information and two counts of trafficking in stolen property for giving the cigarettes to others.

If you have information about this person or recognize others in this case, contact the Panama City Police Department at (850) 872-3112.

————————————————– ——————————————-

ORIGINAL STORY: Wednesday, January 26, 2022 (6:00 p.m.)

Imagine having your credit card or banking information stolen and misused. Panama City police are asking for the community’s help as they try to identify several suspects who did just that.

Five different suspects, involved in two separate cases, are all wanted by the Panama City police.

“We began reviewing these cases in early December 2021. And all of our investigative leads are coming back negative,” Lt. Christopher Taylor said.

Now the police are asking for help.

Four people are accused of using a fake debit card to spend thousands of dollars at local Walmarts, including those in Panama City, Panama City Beach, Lynn Haven and Marianna.

“They were able to create fraudulent checks to a real bank account, deposit the money, create a fraudulent debit card and go shopping,” Lt. Taylor said.

The second case involves a white man who allegedly used someone else’s credit card to purchase more than $250 worth of cigarettes.

“Someone may think that’s insignificant, but again, we’re back to a $260 charge that they clearly had nothing to do with,” Lt. Taylor said.

Lt. Taylor said the pandemic has made it harder to identify criminals as people are now covering half their faces with masks.

“If you don’t physically know the person, sometimes it’s very difficult to identify the person without someone saying hey I know this person even if they’re wearing a mask,” Lt. Taylor said.

While keeping an eye on these people, remember to keep an eye on your bank account.

“Check your credit card statements, your debit card statements. If anything is wrong or you are unsure, contact your bank,” Lt. Taylor said.

If you recognize any of the individuals, contact the Panama City Police Department at (850) 872-3112.

Copyright 2022 WJHG. All rights reserved.

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UCO Bank launches the RuPay Select contactless debit card; see the advantages https://aadharuid.in/uco-bank-launches-the-rupay-select-contactless-debit-card-see-the-advantages/ Tue, 11 Jan 2022 12:21:56 +0000 https://aadharuid.in/uco-bank-launches-the-rupay-select-contactless-debit-card-see-the-advantages/ UCO Bank announced on Tuesday that it has launched the UCO Bank RuPay Select contactless debit card for its premium customer segment in association with the National Payments Corporation of India (NPCI), on the 79th day of the bank’s inauguration. “This contactless debit card has many advantages and was designed with the needs and lifestyle […]]]>

UCO Bank announced on Tuesday that it has launched the UCO Bank RuPay Select contactless debit card for its premium customer segment in association with the National Payments Corporation of India (NPCI), on the 79th day of the bank’s inauguration.

“This contactless debit card has many advantages and was designed with the needs and lifestyle of the bank’s premium / HNI customers in mind,” the lender said in a statement.

The card also offers a withdrawal limit at ATMs of Rs 50,000 as well as a purchase of up to Rs 2 lakh at the point of sale or in e-commerce.

UCO Bank RuPay Select contactless debit card features include:

-All RuPay Select contactless debit card holders are eligible for insurance coverage up to Rs 10 lakh (death due to personal accident and permanent disability)
-Two free accesses to the domestic lounge per quarter. Plus, free access to over 25 airport lounges in 15 cities
-Two free access to the international fair per year. Access to more than 500 lounges in more than 300 cities
-15 days free gym membership and 40-50% reduced price on membership extension
-1 SPA session offered and 40 to 50% reduction on additional sessions throughout the year.
-1 free premium health check-up package in one year
-1 free golf coaching lesson / session per year

Ishraq Ali Khan, Executive Director of UCO Bank, said: “The RuPay Select card will bring a number of premium facilities for various layers of customers ranging from club membership to gym membership, lounge national at the international show, and many others that confirm our determination to offer the best experience in its category to our customers. This product will open another chapter of fruitful collaboration with NPCI to achieve the goal of a truly digital India.

Praveena Rai, COO, NPCI said, “The newly launched card is full of benefits and value propositions tailored to meet the varied lifestyle and shopping needs of the high-end customer segment … RuPay n ‘ has stopped growing and is quickly becoming a preferred card network for the premium customer segment.

UCO Bank, formerly United Commercial Bank, established on January 6, 1943 in Kolkata, is one of the nationalized banks in India. In fiscal year 21, his total activity was Rs 3.24 lakh crore.

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What is a Crypto Credit Card? Should you have one https://aadharuid.in/what-is-a-crypto-credit-card-should-you-have-one/ Wed, 22 Dec 2021 10:04:58 +0000 https://aadharuid.in/what-is-a-crypto-credit-card-should-you-have-one/ [ad_1] What is a crypto credit card? Crypto credit cards are a modern example of innovation that can offer customers new ways to combine the benefits of a credit card with investing in cryptocurrency. Crypto cards allow you to spend cryptocurrency while simultaneously collecting incentives. In the field of cryptography, there are also debit cards. […]]]>


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What is a crypto credit card?

Crypto credit cards are a modern example of innovation that can offer customers new ways to combine the benefits of a credit card with investing in cryptocurrency. Crypto cards allow you to spend cryptocurrency while simultaneously collecting incentives. In the field of cryptography, there are also debit cards.

A crypto credit card, unlike a crypto debit card, allows you to borrow money from the issuer and later pay it back with interest. It’s no different from how a typical credit card works. The main distinction is that you also have to pay back in cryptocurrency. If there are any rewards, they will be distributed in cryptocurrencies such as Ethereum, Bitcoin.

What is the difference between the Crypto credit card and conventional bank credit cards?

What is the difference between the Crypto credit card and conventional bank credit cards?

If you think Crypto credit cards are any different from traditional credit cards, then it isn’t. Crypto cards work the same way as traditional credit cards in the market. Failure to repay or delay in repaying them will result in high interest and late penalties. However, in this scenario, you will receive bitcoins in exchange for your purchases. These cards will also have an impact on your credit score. Annual fees, similar to those charged by standard credit cards, are also charged.

Whatever the benefits, if you don’t pay off your crypto credit on time, it will cost you dearly. Understanding the terms and conditions of crypto credit cards is essential to protect your funds. Keep in mind, however, that each card treats and allocates bitcoin differently to its cardholders.

Is It Good To Invest In A Crypto Credit Card?

Is It Good To Invest In A Crypto Credit Card?

There are many drawbacks to the current use of cryptocurrencies in the real world. You will not be able to pay for your order with Bitcoin in any store because most companies refuse to accept it.

Traders are cautious of virtual currencies for a number of reasons, including the unknown legal status of transaction processors, fluctuations in exchange rates, and the general public who still do not fully understand blockchain, cryptocurrencies that enable technology. It may be possible in the near future that payments by crypto credit cards and other “conventional” financial products are set to strengthen the legitimacy of cryptocurrency as legitimate payment methods. However, there are still limitations with the acceptance of crypto around the world. Should you buy it and what to think about before investing in a crypto credit card? Let’s learn!

  1. Tax – It is important to know if you have to pay taxes on your crypto-payment and your credit card. In many countries, Bitcoins and Cryptocurrencies are a legal and taxable entity. However, the number is limited.
  2. The location– Check if the crypto credit card is acceptable in the country where you live.
  3. Supported cryptocurrency – Choosing a crypto credit card that supports popular tokens may be the best option. It should be noted that there are dozens of cryptocurrencies on the market today, however, only a few have been accepted by the public, and only in a few countries.
  4. Expenses – Transaction fees vary depending on the card provider. It is worth considering whether or not the service charges for currency conversions.

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City of Bossier adopted credit card processing fees in new ordinance https://aadharuid.in/city-of-bossier-adopted-credit-card-processing-fees-in-new-ordinance/ Sat, 20 Nov 2021 03:00:47 +0000 https://aadharuid.in/city-of-bossier-adopted-credit-card-processing-fees-in-new-ordinance/ [ad_1] Bossier’s city mayors’ office announced Thursday that the city will adopt Ordinance 159 which imposes fees on credit processing. If a Bossier City citizen decides to pay their property tax, ticket, water bill, or online park and recreation registration, they will be charged a fee. According to a press release from the Mayors’ Office […]]]>


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Bossier’s city mayors’ office announced Thursday that the city will adopt Ordinance 159 which imposes fees on credit processing.

If a Bossier City citizen decides to pay their property tax, ticket, water bill, or online park and recreation registration, they will be charged a fee.

According to a press release from the Mayors’ Office “as more and more citizens choose to pay their bills online, the surcharges collected by processing companies have become increasingly heavy on the City’s budget. These fees totaled nearly a quarter of a million dollars in 2020, resulting in an unnecessary loss of taxpayer dollars.

Following: Caddo Commissioners Allocate $ 100,000 for Parish School Board

As a result, Bossier’s city council unanimously approved an ordinance of November 16, which authorizes the city to pass on to the customer the fees charged by processing companies.

These fees only apply to online and in-person payments made by debit card, credit card, or ACH (electronic account withdrawal).

Credit card

Bossier City said they are not taking advantage of this fee in any way, it is simply a pass-through fee for customers who want the convenience of electronic payment.

If Bossier City customers wish to avoid these charges, they can pay their bills by check or money order by mail or in person.

Makenzie Boucher is a reporter for the Shreveport Times. You can contact her at mboucher@gannett.com.

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Complete List of ‘Best’ Credit Card Alternatives As Amazon Blocks UK Visas Affecting Millions | Personal Finances | Finance https://aadharuid.in/complete-list-of-best-credit-card-alternatives-as-amazon-blocks-uk-visas-affecting-millions-personal-finances-finance/ Wed, 17 Nov 2021 18:02:00 +0000 https://aadharuid.in/complete-list-of-best-credit-card-alternatives-as-amazon-blocks-uk-visas-affecting-millions-personal-finances-finance/ [ad_1] Amazon released an update to its customers, with a notification saying, “As of January 19, 2022, we will no longer accept Visa credit cards issued in the UK. The company noted that payments from other Visa credit or debit cards would not be blocked, but despite this, many experts warned consumers would be limited. […]]]>


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Amazon released an update to its customers, with a notification saying, “As of January 19, 2022, we will no longer accept Visa credit cards issued in the UK. The company noted that payments from other Visa credit or debit cards would not be blocked, but despite this, many experts warned consumers would be limited.

Alternatives to Visa for Amazon customers

Katie Brain, banking expert at Defaqto, reacted to the announcement.

“This is bad news for consumers as it limits their choice of payment types,” she said.

“Also, if you are looking to purchase an item worth £ 100 or more, it is wise to use a credit card instead of a debit card as then you are protected by Section 75 by If there is a problem. This is especially useful if you are making a purchase from Amazon Marketplace which are third party vendors. For those who only have a visa credit card, they will be restricted from January.

“This might be a good time to take a look at what credit card you have, because most of the best zero percent buy deals are with Mastercard. For those who want a rewards-based card, American Express has some great offers. Alternatively, many other retailers still take Visa and it may be worth shopping elsewhere. “

Ms Brain then explained where the “Best Buy Zero Percent Acquisition Cards” are today:

  • Tesco Bank – Clubcard credit card, purchase rate duration (months): 23, monthly fee: £ 0, card type: Mastercard
  • M&S Bank – Shopping Plus credit card, purchase rate duration (months): 22, monthly fee: £ 0, card type: Mastercard
  • NatWest – Purchase and Balance Transfer Card, Purchase Rate Duration (months): 22, Monthly Fee: £ 0, Card Type: Mastercard
  • Royal Bank of Scotland Purchase and Balance Transfer Card, Purchase Rate Duration (months): 22, Monthly Fee: £ 0, Card Type: Mastercard
  • Sainsbury’s Bank dual offer credit card, purchase rate duration (months): 22, monthly fee: £ 0, card type: Mastercard
  • Ulster Bank – Purchase and Balance Transfer Card, Purchase Rate Duration (months): 22, Monthly Fee: £ 0, Card Type: Mastercard
  • Lloyds Bank – Platinum Balance Transfer Card, purchase rate duration (months): 21, monthly fee: £ 0, card type: Mastercard
  • MBNA Ltd – Dual Offer Credit Card, Purchase Rate Duration (Months): 21, Monthly Fee: £ 0, Card Type: Mastercard
  • Santander – All-in-one credit card, purchase rate duration (months): 20, monthly fee: £ 3, card type: Mastercard
  • Tesco Bank – Clubcard credit card, duration of purchase rate (months): 20 monthly fees: £ 0, card type: Mastercard

READ MORE: State pension: Brits get less than £ 100 a week – act now

Millions of people affected

James Andrews, personal finance editor at money.co.uk, explained that stores are “completely free” to choose whatever payment method they want under the current rules. However, with Amazon’s plan to stop accepting Visa credit cards, millions of Britons who own such cards will be affected. Mr Andrews noted that big names such as Barclaycard, HSBC and Vanquis all use Visa on their credit cards and with American Express rejected by many UK retailers, consumers will be left with limited options.

“People who are looking for rewards on their spending or trying to share the cost of their purchases with a zero percent purchase card on Amazon will effectively be forced to choose a Mastercard,” he said.

“I hope Visa and Amazon resolve their differences before the ban goes into effect on January 19, but in the meantime it would be wise to check your cards now – and consider upgrading to a Mastercard if you have one. the possibility.

“The good news is that some of the best deals on the market right now come from Mastercard. With, unsurprisingly, Amazon’s own Mastercard-powered rewards card, as well as table garnish offerings from Sainsbury’s, Tesco and M&S.

However, other experts in the field have welcomed the change, noting that it should work better for consumers in the long run.

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“It’s no wonder Amazon is stopping their use”

Peter Kimpton, personal finance expert at Family Money, was not surprised by the announcement. He said that with Visa’s high credit card transaction fees, it’s “no wonder Amazon is stopping their use there.”

Mr Kimpton noted that while Amazon is a clear market leader, it needs to be able to stay competitive with its many competitors online, as well as with the small businesses that people are increasingly trying to support, especially after the pandemic. .

“With that in mind, they need to be able to charge the lowest possible prices while making a profit, so it makes sense that the first thing to try to reduce is transaction fees,” he continued.

Visa responded by criticizing Amazon for restricting consumer choice, however, I don’t think that will be a problem, with many consumers choosing to have more than one credit card as well as multiple debit cards. that Amazon won’t see any decrease in sales as a result of this change, and we might even see other big retailers follow suit.

Luke Massie, CEO of VibePay, also praised Amazon for its first step towards ending the “Visa Monopoly”.

“At a time when consumers are already facing significant financial pressures, the battle between Amazon and Visa will have an immediate impact on their choices,” he said.

“However, this dispute will bring the payments industry closer to card disintermediation, which will translate into long-term benefits for the consumer. In the future, will open the door for fintechs that take advantage of technologies such as the Open Banking and Account-to-Account Payments Then we’ll see consumers have more choice than ever before.

Indeed, the impact of the changes already seems to have an effect on consumers. New findings from casinosites.org on Google search data showed online searches for visa rival Mastercard have exploded today by 1,300% in the UK. This jump was 16 times the average volume in one day, an “unprecedented spike” of interest for Mastercard.

What’s more, the same data showed that searches to “cancel the visa” have skyrocketed to over 700% today – nine times the average volume in one day.

A spokesperson for Casinosites.org commented: “Amazon is the ultimate player in the online retail industry, and as a significant percentage of the UK relies on Amazon deliveries to meet their business needs. ‘purchase, news of the company no longer accepting Visa cards will have a significant impact on Visa users.

“The sudden surge in searches for Visa alternatives such as Mastercard on the day of the announcement shows how vital online shopping is in our lives today. well being high within the organization they can reestablish a working relationship with Amazon. “

Readers of Express.co.uk responded with passion to the news from Amazon. PercyVeeranc said: “Frankly I won’t miss Amazon – and I certainly won’t miss them!” While Tactica warned: “Amazon is about to shoot itself in the foot with UK consumers.”

However, others seemed to take sides, or at least understand the decisions made by Amazon. Fred999 noted: “Visa needs to reconsider its fees if they are so much higher than Mastercard and other credit cards.”

While Urbanmongrel said: “This seems to be a valid point. Most companies will not accept AMEX due to the fees (myself included) and some payment options issued by the EU are also not accepted. UK.”

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Kotak Mahindra Bank and PVR launch co-branded debit card. View the benefits, rewards https://aadharuid.in/kotak-mahindra-bank-and-pvr-launch-co-branded-debit-card-view-the-benefits-rewards/ Tue, 16 Nov 2021 09:21:36 +0000 https://aadharuid.in/kotak-mahindra-bank-and-pvr-launch-co-branded-debit-card-view-the-benefits-rewards/ [ad_1] Kotak Mahindra Bank and PVR launch co-branded debit card. Check the benefits, rewards New Delhi: Kotak Mahindra Bank and multiplex chain operator PVR launched a co-branded debit card on Tuesday, claiming to be the first to offer such a product in the film and entertainment genre. Addressing a virtual press conference, Kotak Mahindra Bank […]]]>


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Kotak Mahindra Bank and PVR launch co-branded debit card. Check the benefits, rewards

New Delhi: Kotak Mahindra Bank and multiplex chain operator PVR launched a co-branded debit card on Tuesday, claiming to be the first to offer such a product in the film and entertainment genre.

Addressing a virtual press conference, Kotak Mahindra Bank President, Products, Alternative Channels and Customer Experience Delivery – Puneet Kapoor said: “The bank has been associated with PVR for over 10 years and would like to add more to the existing products of the two Kotak PVR branded co-credit cards “.

“We are building on the strength of our partnership with PVR and also adding a unique entertainment-based debit card,” he said, adding that the Kotak PVR co-branded debit card is “the first debit card from cinema in India “.

PVR CEO Gautam Dutta said cinemas are by far “the cheapest way to entertain for three hours and it’s the most popular entertainment destination” and debit cards provide easy access. We welcome about 100 million people who walk into theaters. “

“Our target audience is between 14 and around 35 years old and a debit proposal, in my opinion, would work wonders because a lot of people, consumers in India are not eligible for a credit card. So it’s really a proposition that works with them, ”Dutta added.

According to Kapoor, customers will earn reward points on all spending on co-branded debit cards, including 10 reward points for every Rs 100 spent in PVR cinemas and 0.50 reward points for every Rs 100 spent. on all other transactions, with a reward point equivalent to Re 1.

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Can you use a credit card on Venmo? https://aadharuid.in/can-you-use-a-credit-card-on-venmo/ Sat, 30 Oct 2021 23:29:01 +0000 https://aadharuid.in/can-you-use-a-credit-card-on-venmo/ [ad_1] Seventy years ago Americans were baffled by the new credit cards presented to the public. Today there are all kinds of ways to pay for goods and services, including Venmo. But can the funds used to pay through Venmo come from somewhere other than your bank, like a credit card? To answer that here, […]]]>


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Seventy years ago Americans were baffled by the new credit cards presented to the public. Today there are all kinds of ways to pay for goods and services, including Venmo. But can the funds used to pay through Venmo come from somewhere other than your bank, like a credit card?

To answer that here, we’ll cover:

  • What is Venmo
  • How the payment app works
  • Your options for using a credit card with Venmo

What is Venmo?

Venmo is a payment app that lets you send money wherever you need it. Want to pay the person who mows your lawn but doesn’t have cash on hand? Venmo allows you to send the funds directly to that person’s bank. While Venmo is frequently used to pay for goods and services, you can also use it to send money to friends and family without having to take out money or remove (and dust off) the checkbook. .

Venmo was created by college roommates who wanted to make their lives easier by paying for each other via their smartphones. The startup was bought by PayPal in 2013 and took off from there. Today, over 60 million people in the United States use the app to make payments.

As a business, Venmo has grown. Not only can it be used as a payment method on any website that accepts PayPal, there is also a Venmo physical debit card that allows you to get money from your Venmo account at an ATM or to pay for your purchases in person. There is also a Visa-branded Venmo credit card, although it is currently only available to certain customers.

Learn more: Read our Venmo review

Can you use a credit card on Venmo?

Absoutely. To use Venmo, download the app on your iPhone or Android device and create an account. During setup, you will be prompted to enter a funding source. This funding source is where the money will be taken whenever you pay someone using the Venmo app. You can choose to link a bank account, debit card, gift card, prepaid credit card, or traditional credit card.

Do I have to use a credit card on Venmo?

There is no right or wrong answer as to whether you should use a credit card on Venmo. Your decision depends on several factors, including why you choose to fund Venmo payments through a credit card rather than your bank account. Here are some of the pros and cons of adding a credit card to Venmo.

Benefits of using a credit card on Venmo

  • When the credit card you link with Venmo is a rewards card, there is a chance to accumulate more rewards, especially if you use Venmo to pay for your daily purchases.
  • Using a credit card means you don’t have to worry about the ebb and flow of your checking account. So you can use Venmo to pay for things even when your checking account is low.
  • Paying off your credit card each month helps build your credit score.

Cons of using a credit card on Venmo

  • It is possible to exceed your credit limit and incur charges from your credit card company.
  • Linking a credit card to Venmo makes it easier to get into debt.
  • You will be charged a 3% fee for sending money to friends and family using a credit card as a source of Venmo funding.
  • Your credit card company may think of the money you send to friends and family as a cash advance. This usually means a fee of 3% to 5%, and interest starts accruing immediately. It could also mean paying a higher interest rate on the funds sent.

Conditions for opening a Venmo account

You must meet these conditions to open a Venmo account:

  • Be physically located in the United States
  • Have an American cell phone that can send and receive text messages.
  • The number you are using cannot be registered with another Venmo account.
  • You must be at least 18 years old (or the age of majority in your state).

How to get the most out of adding a credit card to Venmo

The best reason to add a credit card as a source of Venmo funding is to make the most of the reward points. The following steps can help you do that:

  • Only use your credit card if you are making a free purchase. Venmo allows you to configure separate preferred payment methods. For example, if you buy a gift on Etsy from an authorized merchant, use your card and earn reward points. If you’re sending money to a friend, change your payment method to your bank or debit card.
  • Keep track of purchases made and money sent with your credit card. You want to avoid two things: going over your credit limit and spending more than you can afford to pay off.
  • Make sure you get more than you give. Is your main reason for linking a credit card to your Venmo account to score reward points? Then make sure you pay off your credit card balance in full each month so you don’t get hit with interest payments that cost you more than the value of the points or cash rewards.

Alternatives to Venmo

Venmo isn’t the only payout game in town. Here are three alternatives.

1. Google Pay

You can use Google Pay the same way you use Venmo. While it can generally be used to make purchases at no cost (unless the merchant charges their own fees), you will likely need to pay a nominal fee if you use a credit or debit card.

2. Apple Pay

Apple Pay allows you to link your credit or debit card to a digital wallet. It’s free to use Apple Pay at checkout, at least on the Apple side. If a merchant charges for the use of credit cards, they won’t make an exception for Apple Pay. Like Venmo, if Apple Pay is tied to a credit card and you use it to transfer money to an individual, you’ll have to pay a small fee.

3. Zelle

Zelle won’t charge you for sending money through their app, but you will need to check with your bank to make sure they won’t charge a fee. Before downloading the app, check if your bank offers Zelle. Most do.

As long as you set up separate preferred payment methods when signing up as a Venmo user, you’ll likely appreciate the convenience of being able to pay on the go. No matter where you are, you can make a Venmo payment without wasting time, and in today’s busy world, that’s added value.

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Rules and laws relating to the processing of credit card payments https://aadharuid.in/rules-and-laws-relating-to-the-processing-of-credit-card-payments/ Tue, 19 Oct 2021 15:27:59 +0000 https://aadharuid.in/rules-and-laws-relating-to-the-processing-of-credit-card-payments/ [ad_1] Accepting credit cards can make a huge difference in your sales, whether you sell in person or online. For e-commerce, 90% of purchases are made by credit card. Since fewer people pay cash when shopping in stores, using a credit card is not only more convenient, it is often the only way to pay. […]]]>


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Accepting credit cards can make a huge difference in your sales, whether you sell in person or online. For e-commerce, 90% of purchases are made by credit card. Since fewer people pay cash when shopping in stores, using a credit card is not only more convenient, it is often the only way to pay. However, there are several important rules and laws that you must follow once you start accepting credit cards. Here’s an overview of those rules and laws, how to comply with them, and how they will affect your chosen credit card processor and your operations.

PCI Data Security Standard

What is PCI DSS?

The Payment Card Industry Data Security Standard, or PCI DSS for short, is a global data security standard required of all businesses, regardless of size, that accept credit cards. PCI DSS and the Payment Application Data Security Standard (PA-DSS) are rules designed to reduce the incidence of credit card fraud.

PCI DSS and PA-DSS are enforced by the PCI Security Standards Council, an independent body created by the four major credit card brands.

Editor’s Note: Looking for the right credit card processors for your business? Complete the questionnaire below to have our supplier partners contact you regarding your needs.

What is PA-DSS?

PA-DSS requires that all point of sale (POS) equipment and terminals comply with PCI DSS standards. This means that if you have a point of sale system, the lion’s share of your PCI compliance is already handled by your point of sale hardware.

How to ensure PCI DSS compliance

To comply with PCI DSS, you must meet 12 requirements. The purpose of these requirements is to protect cardholder data from theft through data breaches.

  1. Install and maintain a firewall configuration to protect cardholder data.
  2. Do not use vendor-supplied defaults for system passwords and other security settings.
  3. Protect stored data.
  4. Encrypt transmission of cardholder data over open public networks.
  5. Use and regularly update the best antivirus software or programs.
  6. Develop and maintain secure systems and applications.
  7. Limit access to cardholder data based on business needs.
  8. Assign a unique identifier to each person who has access to the computer.
  9. Restrict physical access to cardholder data.
  10. Track and monitor all access to network resources and cardholder data.
  11. Regularly test security systems and processes.
  12. Maintain a policy that addresses information security for all staff.

These 12 standards must be continuously met and reported to ensure compliance.

Did you know?If you have a traditional merchant account opened with a bank or independent business, you will generally be responsible for your own PCI compliance.

What are the four levels of PCI compliance?

There are four PCI compliance levels based on your company’s annual credit card payment volume, each with their own validation requirements.

PCI level 1

This applies to businesses that process over 6 million credit card transactions per year.

  • Annual Compliance Report (ROC) by Qualified Security Assessor (QSA) or Internal Auditor (external or internal trained individuals certified to review payment transaction systems and assess and validate compliance)
  • Quarterly network scan by an Authorized Analysis Provider (ASV), a company with commercial software that scans and performs certified vulnerability scans on company systems and networks
  • Certificate of compliance form

PCI level 2

This applies to businesses that process 1 to 6 million credit card transactions per year.

  • Annual self-assessment questionnaire
  • Quarter network scan by an ASV
  • Certificate of compliance form

PCI level 3

This applies to businesses that process 20,000 to 1 million credit card transactions per year.

  • Annual self-assessment questionnaire
  • Quarter network scan by an ASV
  • Certificate of compliance form

PCI level 4

This applies to businesses that process up to 20,000 e-commerce payments or up to 1 million payments through other channels.

  • Annual self-assessment questionnaire recommended, but not mandatory
  • Quarter network scan by an ASV, if applicable
  • Compliance validation requirements put in place by the investment bank

for your informationFOR YOUR INFORMATION: If you fail to comply with PCI standards, your business can face hefty fines.

Alternatives to managing your own PCI compliance

You might think you can’t do all of this, but the good news is, you have another option to stay compliant. The best credit card payment processors are fully PCI compliant. There is usually an additional charge for this, which averages out at $ 100 per year. If you choose to do it yourself and it turns out to be non-compliant, many credit card processors will charge you expensive monthly PCI non-compliance fees.

PCI Compliant Credit Card Processors

Additional credit card processing regulators

The PCI Security Standards Council is the only credit card processing regulator you know about. Some of the rules are developed by industry organizations, while others are laws passed by the federal government.

Network of card associations

The Card Association Network is an industry group that includes the four major brands of credit cards: Visa, Mastercard, Discover and American Express. They set and manage the interchange rates, the purchase percentage and the amount per transaction you pay to be able to accept each type of card.

The interchange rate is one of the costs involved in processing credit cards, with the remainder set and paid to your credit card processing company, merchant account provider, and payment gateway provider. You will not be dealing directly with the Card Association Network, as their interchange fees are passed to you through your credit card processing company.

National Association of Automated Clearing Houses

The National Automated Clearinghouse Association (Nacha) is the organization that governs ACH transactions and the network they use. ACH transactions include direct deposits and direct payments from bank accounts and credit unions.

Government of the United States

The IRS, the federal tax collection agency, has a rule requiring businesses to report credit card payments. Congress also passed legislation limiting the interchange rates charged by the Card Association Network, which affects business owners.

Additional Credit Card Processing Rules and Laws

Durbin Amendment

The Durbin Amendment is part of the Dodd-Frank Act passed by Congress in 2010. Its purpose is to protect consumers by reducing interchange fees on debit card transactions, which present the lowest risk of fraud. and, therefore, according to lawmakers, should be much less expensive than riskier transactions. On a $ 38 debit transaction, the interchange fee before the Durbin Amendment was around 44 cents. With the passage of the law, debit card transaction rates were capped at 22 cents per transaction plus 0.05% of the purchase price. So for the same $ 38 debit transaction, the maximum interchange fee would be around 24 cents.

However, the unintended consequence is that companies with many smaller transactions end up paying more fees. Prior to the Durbin Amendment, card issuers based their interchange rate on a sliding scale, so merchants paid lower fees for small purchases. After the Durbin Amendment, they moved on to charging the maximum amount on each transaction.

IRS Mandate

Since the IRS taxes business income, it wants to keep track of all inbound sales, not just those paid in cash or by check. To this end, the IRS created a rule called Section 6050W, also known as IRS Mandate, which requires merchant service providers to specifically report to the IRS their clients’ annual gross transactions processed with a credit or debit card. or a third-party network.

Businesses are required to provide their merchant service provider with their tax identification number to facilitate reporting. If you do not, or if the IRS informs the merchant service provider that there is a discrepancy between your reported income and your actual income, the merchant service provider is required to withhold tax on your future income from. credit card.

Nacha

You are most likely to be affected by Nacha regulations if you have an e-commerce business, as many online businesses accept direct payments in addition to credit cards. However, any business that accepts ACH payments must adhere to these rules, which include the following:

  • Use only secure web forms and encrypted emails to transmit sensitive information
  • Securely store hard copies with sensitive customer data
  • Validation of customer routing numbers
  • Verify the identity of customers by verifying driver’s licenses using a third-party verification service, depositing test amounts into the customer’s bank account, or asking the customer to log in with a username and password outmoded

A new Nacha complementary data security rule, which came into effect in June 2021, requires companies that process at least 2 million ACH transactions per year to encrypt payment information on their IT systems at rest (not transmitted to a financial institution). ). Businesses with less than 2 million ACH transactions per year are not subject to the new rule but are encouraged to comply anyway. The rule applies to both consumer and business ACH data, as well as paper authorizations scanned with consumer payment account data.

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