TITLE

MasterCard defends prepaid cards for the young

PUB. DATE
January 2006
SOURCE
Credit Control;2006, Vol. 27 Issue 1, p47
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the card provider Bluecomer and issuer MasterCard International Inc. have become embroiled in a row over prepaid cards aimed at teenagers in Great Britain. Consumer groups have claimed that these cards encourage teenagers to spend money that is not strictly theirs. The cards cost £9.95 to buy and 85p everytime an automated teller machine withdrawal is made. With this, Bluecomer has defended the principle of the cards which target the 13-16 years age group.
ACCESSION #
21532001

 

Related Articles

  • The Hidden Costs of MasterCard & Visa Debit Cards. Windish, Joe // Moderate Voice;1/ 6/2010, p16 

    The article discusses the hidden fees in the transactions of automated teller machine (ATM) cards, debit cards and credit cards including that of Visa Inc. and MasterCard Worldwide Inc. It focuses on the use of personal identification number (PIN) debit which collects transaction fees from the...

  • MasterCard Fees at Issue in Europe.  // American Banker;10/30/2003, Vol. 168 Issue 209, p6 

    Discusses the reaction of the European Commission to MasterCard International's fees for cross-border transactions. Comment of EC spokesman Tilman Lueder about price transparency; Background on a European antitrust probe settled by Visa International in 2002.

  • Mastercard senkt Kartengebühren.  // Lebensmittel Zeitung;6/28/2013, Issue 26, p1 

    The article announces that the credit card company Mastercard plans to reduce fees on purchases in German drugstores, pharmacies, and furniture stores in order to increase the popularity of its credit cards.

  • MONEY NOTES.  // Newsweek;5/7/2001, Vol. 137 Issue 19, p79 

    Offers brief articles on money-related issues. Investment in stock funds in the early part of 2001; Automated teller machines (ATM) that will be available at 7-Eleven stores; Study by the United States Public Interest Group on deceptive practices of credit card companies in regard to interest...

  • Study finds ATM fees no big deal for most people.  // Consumers' Research Magazine;Feb98, Vol. 81 Issue 2, p7 

    Focuses on the findings of the study conducted over seven Southern and Southwestern states in United States by Rice University concerning consumers attitude about paying convenience fees in Automatic Teller Machines (ATM). Statistical results of the study; Conclusions.

  • Smart Swiping. Abernathy, Andrew // PMQ Pizza Magazine;Dec2011, Vol. 15 Issue 10, p27 

    The article explains to business owners how to analyze, minimize or avoid credit card fees to save a significant cash. It suggests that the cash-only business model is still viable for some business operators to avoid processor fees altogether and keep menu costs lower. The article also mentions...

  • Judge says No to hidden credit card fees. Wollenberg, Yvonne Chilik // Medical Economics;6/6/2003, Vol. 80 Issue 11, p10 

    Reports on the ruling against Visa and MasterCard in California. Foreign currency conversion fees on foreign transaction imposed by the credit card companies; Requirement of refunds ordered by the court; Accounts on similar complaints against American Express.

  • Dodge ATM Fees Overseas. McGee, William J. // Money;Nov2008, Vol. 37 Issue 11, p30 

    The article presents advice on avoiding fees that go with using a bank card overseas. Several banks assess foreign exchange fees on automated teller machine (ATM) transactions abroad, and also for credit card use. ATM fees can be circumvented by joining an ATM network, and a credit card from...

  • MAKING YOUR ATM WORK FOR YOU. Keller, Maura // National Petroleum News;Sep2009, Vol. 101 Issue 7, p34 

    The article reports on the advantages on incorporating automated tellering machines (ATMs) with the reduction of large merchant fees paid to credit card companies. According to Mike Luther, president and owner of Convenience ATMs Inc. in Orlando, Florida, retailers that have entered large...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics