Target Credit Card Breach Could be the Largest Ever
Some 40 million credit and debit card users could have had their accounts compromised while shopping at Target.
Post Tagged with: "Credit Cards"
Pay For Your Groceries With Your Phone Number, or Perhaps Your Eyeball
Forget cash and credit cards, how’d you like to scan your eyeball or palm print in order to pay for your groceries? It may seem far-fetched, but some are seeing that in our future. As grocery stores increasingly emphasize convenience and speed of checkout, the very act of paying for everything seems to slow things down. Have you ever tried[Read More…]
Another Day, Another Grocery Cyberattack
Talk about turning a negative into a positive: a West Coast grocery chain is informing customers that their credit card information may have been compromised. That’s the negative part, of course. The positive part? Its customers are saying “thank you” in response. Not what you might expect. Raley’s announced today that “a portion of its computer network systems may have[Read More…]
We Love Paper Coupons, But Not Paper Money
We love little pieces of paper when they have a discount printed on them. But when it comes time to pay the post-coupon balance, we’d rather forego the paper and pull out the plastic. That’s according to a new study on how most of us pay at the grocery store. In its annual Grocery Retailing Payments Study, the National Grocers[Read More…]
Sorry Your Credit Card Was Hacked, Here’s a Coupon
Millions of grocery shoppers, from Missouri to Arizona, are going through the hassle of getting new credit and debit cards after their information was stolen in a store security breach. Some are so upset, they’ve sued. But what do they really have to gain, other than years of litigation and perhaps a coupon at the end? A month after the[Read More…]
Who Will Blink First on Credit Card Swipe Fees?
If you’re going shopping this weekend, and paying with a credit card – watch out. Beginning Sunday, stores can charge you extra for it. Under the terms of a settlement reached last year, stores will have the option of adding a surcharge for credit card payments – passing the cost that they already pay to the credit card companies, on[Read More…]
Walmart Smacks Down Swiping Settlement
When we last left off, the nation’s number-one retailer had not weighed in on the proposed swipe-fee settlement. Now it has. In a statement released Tuesday, Walmart said it was “disappointed” in the settlement, because it would not “prohibit credit card networks from continually increasing hidden swipe fees, which already cost consumers tens of billions of dollars each year… We[Read More…]
Keep On Swiping, Says Target
It could cost you to use a credit card at Kroger soon. But Target says, not in its stores. Target has announced its opposition to this month’s multi-billion dollar settlement between retailers and credit card companies, which would allow retailers to pass on credit card “swipe fees” to their customers. Previously, retailers have had to cover the cost themselves, in[Read More…]
Swipe Fees Could Swipe Your Savings
Kroger is telling us not to worry – they’re not going to start charging credit card customers more. They just won’t charge them less. The country’s biggest grocery chain is publicly mulling how to respond to last week’s multibillion-dollar settlement in a case pitting retailers against credit card companies. Visa and MasterCard were accused of price-fixing, in setting the fees[Read More…]
