Open-loop prepaid cards are invading market segments once solely controlled by closed-loop cards, and this is helping slow the rate of growth in funds deposited into closed-loop card accounts, ...
TfL combines open and closed loop systems, using Oyster Cards, contactless card payments, and NFC Google or Apple pay, alongside physical ticketing. Transport for London (TfL) has long been regarded ...
As banks and merchants fight over interchange regulation in Washington, the real struggle is in shoppers’ wallets, phones, and Web browsers. Last month, I wrote about how merchants use discounts, ...
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