Small Business Resources, Business Advice and Forms from AllBusiness.com

Hello Mr Chip and PIN

Mastercard predicts that debit card spending will rise 37 per cent as a result of Chip and PIN. A Mastercard survey suggested that 40 per cent of people will use their debit card more often, and around 30 per cent will carry less cash, once Chip and PIN become the norm for debit card transactions.

Over half said they thought Chip and PIN was safer than the current system, and around the same proportion thought Chip and PIN would save time. It is thought that 3 million people who currently do not use plastic to make purchases will do so once the system is introduced.

In addition, make sure to read these articles:

  • Days Could Be Numbered For Free Debit Card Deals.
    • ONE nice thing about debit cards is that they're usually free. Most banks don't charge you fees for using them. And you don't waste money ......
  • Debit frenzy? Not quite, but getting there; national and regional debit card programs are...
    • Fact: Debit card transaction volume is surging. Fact: Relatively few stores in your typical shopping mall likely accept automated teller machine cards, or some other ......
  • Travelers May Get Confused by New 'Chip and Pin' Technology; U.S. Travelers May...
    • ORLANDO, Fla. -- Millions of Americans travel overseas each year and use their credit and debit cards in much the same way they use ......
  • Tips from the top
    • HEADNOTE Connie Penn advises on the difficulties faced by the various tiers in the industry, and gives some general tips to help ease your way ......
  • Bank statement
    • HEADNOTE Barclaycard Merchant Services' Steve Smart answers your queries on the new Chip and PIN payment system. Why are we changing to Chip and PIN?...
  • Taking card fraud off the menu
    • HEADNOTE It is important that you understand how Chip and PIN works and how it will affect your business or the people you represent, says ......
  • Chips are down for foodservice.
    • For an industry reliant on excellent customer service, it is surprising how few hospitality providers realise the implications of the new Chip & PIN initiative, ......
  • Joined up thinking
    • HEADNOTE The biggest challenge for Chip and PIN in the hospitality market is marrying business operations with the requirements of the card schemes, issuers and ......
  • Want cash back?
    • HEADNOTE New ways have been found to help fund the implementation of Chip and PIN, says HCIMA Chip and PIN seminar speaker and Kilrush Consultancy's ......
  • Credit cards - your flexible friends?
    • HEADNOTE Northampton Branch On 15 September, Barclaycard in Northampton hosted a presentation by Bryan Sharp, a manager in its fraud department, about credit card fraud ......
  • Product showcase
    • HEADNOTE Announcing the latest in catering products, services and equipment RISING ENERGY PRICES REQUIRE 'INNOVATIVE PURCHASING' In 2003 and 2004, purchasing managers have been forced ......
  • Cost cutter
    • HEADNOTE David Figg, seminar speaker and solution consultant for IBM, considers how you can spread the cost of implementing Chip and PIN. Figures released in ......
  • Safety PIN
    • HEADNOTE As more than 167,000 businesses have already upgraded to the new chip and PIN system, Hospitality speaks to spokesperson Sandra Quinn about making the ......
  • Chipping away
    • HEADNOTE Six months since the responsibility for card fraud fell to the weakest link, managing director of Kilrush Consultants Connie Penn tells Hospitality how to ......
  • View from the bridge
    • HEADNOTE In his regular monthly column, David Andrews asserts that the credit culture is here to stay, whatever the politicians think. He also takes a ......
T T T
art_print_gray Print art_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

icon - press release

Press Releases

Business Resources

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

© Copyright Institute of Credit Management Ltd. Jun 2004
Provided by ProQuest, LLC. All rights Reserved.

You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.