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News Library - 2006

Smoothie Cards December, 6, 2006

The king of blended fruit beverages has joined the gift card bandwagon. Dairy Queen's Orange Julius, which by the way is 80-years old, has launched an entire "sweet" of gift cards this month. more

Online Spending December, 5, 2006

Total online retail spending reached $11.7 billion between November 1st and December 1st, a 24% jump over year-ago levels. For the total holiday season online retail spending is also expected to climb by 24% to $24.3 billion, compared to $19.6 billion in 2005 ... more

Allow Card December, 4, 2006

A prepaid card for teens has emerged that enables parents to load funds and set up parental controls over spending. The new "Allow Card Prepaid MasterCard," when linked to a special Web site, offers over 35 parental controls, allowing parents to set ... more

Mascot Title December, 1, 2006

Capital One, the nation's fifth largest credit card issuer, pulled in more than 6 million votes this year for its annual college football "Mascot of the Year" contest. The top six vote-getters this season include North Carolina State's "Mr. Wuf, Maryland's ... more

Gift Card Perks November, 30, 2006

American Express has jazzed-up its gift card program, now offering extras at 20 retailers, restaurants and other partners, such as a free dessert, two games of bowling for the price of one, or 5% to 20% off the purchase of merchandise. AmEx also added three ... more

Gift Cards November, 29, 2006

A new survey by the nation's largest processor has found that single-merchant gift cards are more heavily purchased with an average of 4.7 cards per purchaser. However, general purpose gift cards, averaging 2.6 cards per purchaser, are increasing in ... more

Black Friday November, 28, 2006

Retail spending on general purpose payment cards for "Black Friday," November 24th, rose 7.6% to $4.3 billion, compared to one-year ago. However, retail volume for payment cards cranked-up to more than $5.0 billion on Saturday. more

Holiday Sales November, 27, 2006

Debit cards will capture 26% of retail sales volume on payment cards between Thanksgiving Day and Christmas Day this year, compared to 23% last year, as credit cards continue to sputter in the USA. The busiest full week is expected to be between December 11th ... more

Holiday Myths November, 22, 2006

Contrary to popular belief, "Black Friday" does not even rank in the top five busiest holiday shopping days and "Cyber Monday" is only the ninth most active online shopping day in terms of transactions processed. Nevertheless, Americans are expected to charge ... more

Equity MasterCard November, 21, 2006

The infamous ditech.com has launched its own credit card. The new "ditech.com Equity Rewards MasterCard" credit card offers one point for every dollar in net retail purchases charged to the card. more