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News Library - November, 2008

Closed Wallets November, 7, 2008

Consumers' economic confidence hit bottom again, declining by 7% from September to October. About 63% now rate the economy as poor and 72% think things are getting worse and many have decided to sit on their wallets. more

Micro Tag November, 6, 2008

Payment card giant Visa is now offering a teeny tiny way to pay. It's the new "Visa Micro Tag" that attaches to a key ring. This is Visa's smallest "payWave"-enabled device to-date. more

Bankruptcy Boom November, 5, 2008

Consumers headed to bankruptcy court in droves last month as the number of filings reached its highest level since new bankruptcy laws went into effect three years ago. Consumer bankruptcy filings topped 100,000 in October, a 20% increase over the prior month ... more

Discount Cards November, 4, 2008

Why pay retail for gift cards when you can nail a discount or add a few more gallons to your gas tank. You can obtain prepaid gift cards that carry discounts ranging from 2% to 20% or more. more

Holiday Incentives November, 3, 2008

While the economy generally sucks there are a number of new card-related holiday promotions to lessen the pinch. For example, Nordstrom, Safeway and Office Depot have added some extra holiday cheer to their card programs. more