Monthly Archives: January 2019

Searching For Prepaid Credit Cards

As mentioned above for any prepaid credit card it’s essential to pay into the account just before its use, which means technically the card vendor owes you money, the contrary of a regular card. This eliminates the require for the company to run a credit check into you as you will never, in theory, owe them any money, making this a great solution for anybody suffering with bad consumer credit. Another great thing is that prepaid credit cards can be used for anything that a normal card is used for and nowadays a credit card is required to do certain things that may be required for anyone such as booking a hotel or hiring your car.

Although with such a card you will avoid major monthly bills and crazy interest premiums, you do not escape fees altogether as the vendor needs to make a bit of money by some means. Generally there won’t be many fees associated with a prepaid card but ones you may typically find are a set-up fee in addition to a monthly charge. Set-up fees will be a small amount you pay prior the being able to pay in and use your card, it shouldn’t be very costly and once this one of payment has been made you are free to use this card. Monthly fees are usually at a set rate (don’t forget to check this out before you decide to sign any agreement), this charge is definately not based around how much money you might have in your account or the quantity you have spend in the charge period.

Quite a few about these Prepaid business cards charges compared the corresponding charges of an regular card is that they are fixed and you will always know the quantity you are paying afre the wedding of the payment time period.
eCarteBlanche Prepaid Credit Cards could also be used as payroll cards, as mentioned above, they offers establishments and organizations checkless loan company accounts, where your employees/clients are able to access their money at any sort of ATM – worldwide. They also help streamline the payroll approach and eliminate existing admin burdens and costs. By utilizing these cards, businesses and organizations can make big savings and resources associated using payroll processing and distribution costs while employees/clients enjoy the peace of mind of fully understand their money is right away, securely and accurately transferred onto their cards.

It’s a faster, safer, cheaper and all-around better way to manage your payouts!

Advantages to Businesses and Agencies:

– Simplify all types of payouts

– Reduce level of paychecks and check giving costs

– Reduce check distribution and substitute costs

– Lower bank wire costs

: Reduce fraud potential : no stolen or falsely cashed lab tests

– Reduce getting back together expenses

– All employees/clients are eligible – no credit test necessary

– Ability to pay employees/clients without bank accounts, or those who prefer cash

Benefits to Employees/Clients/Affiliates/Publishers:

– Recipients’ profit is deposited immediately together with automatically every payday even when on vacation or venturing

– Eliminates the need to cash paychecks at banks or pay fees

– No time spent picking up ones paycheck

– Virtually no delays in receiving ones funds

– No lost or stolen funds

– Access to help funds 24/7 at thousands of ATMs world wide

– Gives people purchasing power anywhere major bank plastic are accepted

What Do The Numbers Indicate On Credit Cards

Ever wondered what the numbers on your cards indicate? Well you might have written them down at several points, either as reference or as a security measure in case of theft, but did you ever sit down to think what they might mean? Heres the answer.

The first number on your credit card denotes the system of the card. Is it a visa, master, or entertainment card? If the number is 3, it means it could be an American Express or Diners Club card or any other entertainment or travel card. Whereas a card with 4 as the first digit denotes that the card is a Visa card and a 5 means it is a MasterCard. A card that starts with the number 6 means it is a Discover card.

The number on the card also denotes the system of the card. For instance, a Diners Club card starts with 38 while, an American Express card number starts with 37. The third and fourth numbers denote the currency used on the card while the rest of the numbers till the 11th give you the information on account number. The digits from 12 to 14 is the credit card number and the last digit, the 15th is a check digit. This is the configuration in an American Express card.

A Visa and a MasterCard are similar in concept with some variations. They basically provide the same details, though the numbers and rules vary slightly. These numbers offer complete information on the users account and one must keep a photocopy of the card with the number or write the number down safely in case of card theft at any point in time. This reference number needs to be quoted to block your cards from being misused.

If you think this is all there is to a card, you are mistaken. The back of a card is even more configured with information and codes. The magnetic strip you see on the back of your cards (also called the magstripe) is made of iron-based magnetic particles. It is however plastic like in appearance. The card is often swiped at a business center or a store when you make a purchase and it is the magstripe that needs to be read by the magstripe reader.

Sometimes you may encounter problems with your card at stores or even at the ATMs where the reader fails to accept your card. This could in all likelihood be due to a dirty or damaged magstripe. In fact, even if your card has been exposed to magnets, it can damage the magnetized strip. So do take good care of your credit card and keep it protected from damages.

What Do The Numbers Indicate On Credit Cards

Ever wondered what the numbers on your cards indicate? Well you might have written them down at several points, either as reference or as a security measure in case of theft, but did you ever sit down to think what they might mean? Heres the answer.

The first number on your credit card denotes the system of the card. Is it a visa, master, or entertainment card? If the number is 3, it means it could be an American Express or Diners Club card or any other entertainment or travel card. Whereas a card with 4 as the first digit denotes that the card is a Visa card and a 5 means it is a MasterCard. A card that starts with the number 6 means it is a Discover card.

The number on the card also denotes the system of the card. For instance, a Diners Club card starts with 38 while, an American Express card number starts with 37. The third and fourth numbers denote the currency used on the card while the rest of the numbers till the 11th give you the information on account number. The digits from 12 to 14 is the credit card number and the last digit, the 15th is a check digit. This is the configuration in an American Express card.

A Visa and a MasterCard are similar in concept with some variations. They basically provide the same details, though the numbers and rules vary slightly. These numbers offer complete information on the users account and one must keep a photocopy of the card with the number or write the number down safely in case of card theft at any point in time. This reference number needs to be quoted to block your cards from being misused.

If you think this is all there is to a card, you are mistaken. The back of a card is even more configured with information and codes. The magnetic strip you see on the back of your cards (also called the magstripe) is made of iron-based magnetic particles. It is however plastic like in appearance. The card is often swiped at a business center or a store when you make a purchase and it is the magstripe that needs to be read by the magstripe reader.

Sometimes you may encounter problems with your card at stores or even at the ATMs where the reader fails to accept your card. This could in all likelihood be due to a dirty or damaged magstripe. In fact, even if your card has been exposed to magnets, it can damage the magnetized strip. So do take good care of your credit card and keep it protected from damages.

Why Won’t My Credit Card Swipe

Credit cards are a popular form of payment and play a frequent role in our daily lives. Statistics show that there are more than 292 million credit cards in use in the United States, and we use them for transactions at the grocery store, gas pump, movie theater, and more. You may have seen the Visa commercial where lines are moving right along and then everything comes to a halt when someone pays in cash. You may feel this way when your credit card doesnt swipe. You may want to blame the credit card machine, but more often than not, your card is the culprit. Merchants use credit card processing terminals or a Point of Sale (POS) system to verify if they can accept a charge, i.e. that the account is valid and credit is available. These systems read the card and link up to the merchants bank. Transactions where a card is swiped typically cost a merchant much less than a hand-keyed transaction, so they are gaining popularity with merchants. Additionally, they speed up the transaction for both the merchant and the customer. Unfortunately, your card may not always go through successfully, and you may be inclined to fault the credit card processing terminal. Most of the time however, your card is to blame. On the back of a credit card there is a magnetic stripe appropriately called a magstripe. It contains miniscule iron-based particles that make up tiny bars, or magnets. Each magnet can be polarized which imprints it with information. There are three tracks on the magstripe, and together they make up the magic black strip on the back of your cardwhen swiped, the information is read and transmitted. There are a few reasons why your card wont swipe correctly. The first is, the magstripe may just be dirty. A quick wipe with your thumb or your t-shirt may do the trick. If the magstripe is scratched, it may present a challenge. Patience is a virtue: a second or third swipe through the credit card processing terminal may work, or slow down slightly when you run your card through. One method that often works is to wrap the card in something like a plastic bag or paper and run it through. This increases the distance between the magstripe and the reader, which reduces the extreme sensitivity of the credit card machine. This technique may be worth a try if the first pass is unsuccessful. To avoid all of this in the first place, you should always store your card in a protective place. Your card may also have become demagnetized. This can happen if the card is stored next to a magnetic clasp in a wallet for example, or placed on or too close to a security demagnetizer at the register. If your card becomes demagnetized for any reason it will likely need to be replaced, so be aware of and avoid the presence of magnets near your card. Credit card processing terminals benefit both the merchant and customer by providing a quick and easy transaction. These nifty machines arent to blame when your card wont swipe, its likely that the magnetic stripe on your card is dirty, scratched, or has been demagnetized. Try one of the techniques above, and to prevent this, be careful where you keep your cards.

The Business Credit Card Summary Box

When you are looking for a great business credit card for your purchases, you want to be sure to get one that will benefit your business. In order to discover the best one, you will need to take a serious look at the credit card summary box, which will give you all the details you need to know. The condensed information also helps you easily compare one credit card with another one.

After you find the type of credit card you want, such as gas cards, reward cards, air miles cards, etc., you can pick three or four based on the ads. Then, you want to start looking at the credit card summary box of each one to find out which one is ideal for your business needs.

The Interest Rate

The interest rate you will receive on your business credit card is going to be based on your credit score. This means you may not know what it really is until you get the credit card. Be sure to understand what your interest rate is on the card once you get it, and what the interest-free period is for new purchases.

The Interest-Free Period

Most credit cards have some kind of an attraction or Introductory Offer on them to get people to take their credit card – but not all of them. While many credit cards will have lengthy periods in which to make interest-free purchases, business credit cards usually do not extend them out very long, many having only 45 days, or so. In order for this to be of any real value to you, you will need to pay the balance in full at the next bill, or you will be charged interest.

Personal credit cards will often permit the card owner to make balance transfers, and give them the length of the Introductory Offer to not pay any or little interest. Many business credit cards will not permit you to do this – at least you are not apt to get any zero interest deal on the balances transferred. Like most of them, CapitalOne starts charging interest on the day the amount is transferred to the new card.

The Credit Limit

Every business credit card will have both a minimum and a maximum credit limit. This will be based on your ability to pay back the money borrowed. The credit limit will be set for you, but the maximum amount will vary based on your ability to repay the loan. Like most credit cards of this kind, the Lloyd’s credit card indicates that the maximum credit limit is subject to your status – which generally means whether you are caught up in payments or not.

Cash Withdrawals

One type of transaction that will be the most costly on a business credit card is the cash withdrawals you make. You will want to be aware of what the interest rate is, and you also want to know if there is a limit to how much cash you can get. Even if the interest rate is the same as purchases, there is often a fee attached, as is true with the TSB Business Card.

Annual Fees

Some business credit cards have an annual fee, but other ones will not. Be sure to compare the credit card summary box for this information, and then see if there are other benefits or discounts that still might make it the ideal card to have.

Bin Database Credit Card Numbers For Mastercard

Using the BIN Database systems that are available online for business owners can help to reduce the costs associated with charge-backs that are created when fraudulent credit card information has been provided to the business throughout the transaction.

Databases for Mastercard can be an effective way for business owners to reduce the fraud that occurs with credit card transactions and can help business owners to compare the first six digits of the Mastercard to verify the validity of the account.

What are some of the common Mastercard Bin Database Credit Card numbers found in online databases?

Cirrus credit cards are a common type of Mastercard found in databases and are cards that are created from an international network to ensure that the credit cards are going to be accepted internationally and can be checked internationally.

Gift credit cards can also be checked through the database of credit card numbers. Different than the prepaid credit card numbers that are available, these gift credit cards require the customer to activate the credit card in order to use it and are prepaid and activated for a limited amount of time.

Electronic Mastercard options as Bin Database Credit Card accounts are available for customers that are going to be using the credit card online, through the many online accounts that are available. These credit card accounts can be purchased online, or through common supermarkets and should be included in the database.

ATM Credit cards should be included in the database as the Bin Database credit card as these common cards give the customer the ability to transition between using the card as a credit card, through a traditional Mastercard, as well as giving the customer the opportunity to use the card as a Mastercard.

Multiple types of credit cards are included in the databases found online for business owners. Business owners should use a database that includes multiple types of credit cards to ensure that each type of account is going to be verified, protecting the consumer shopping through the online business and brick and mortar business regardless of the type of credit card that is being used to complete the transaction.

Mastercard Paypass credit cards offer different services than traditional credit cards and are found through the database services, allowing the business owner to verify the credit card validity at the point of sale, since no signature is required through these types of transactions.

Included in the Bin Database credit card should be prepaid Mastercard accounts, as these common accounts require the card holder to have no credit check, no activation fees and even allow the customer to take advantage of cash back services using the account.

These, as well as multiple other types of Mastercard accounts should be included in the Bin database to ensure that the card holder is going to be protected and that the business owner is going to reduce the fees associated with charge-backs and other fees for fraudulent charges that occur in credit card scams.

Establishing A Panama Financial Services Corporation

In Panama, you can establish your very own Financial Services Corporation. This corporation is going to be established and be essentially the same as any other SA Bearer Share corporation in Panama. But it will be different from other corporations because you will have a license to engage in financial activities in Panama.

As with all other corporations in Panama, your privacy will be protected and actively guarded. The license and all documents will be in the name of the corporation, and the officers of the corporation may be people who do not have any shares in the corporation and are there only through your appointment. But since records are not kept about the ownership of the corporation, then your anonymity is guaranteed.

If you establish a financial services corporation in Panama, your license will give you the liberty to provide general financial consulting services to other corporations, individuals and other business and legal entities in Panama. When you have the license of a Panama financial services corporation, you will have the power to offer payment processing services in Panama. As a financial services corporation, you have the right to offer your payment processing services to debit card and credit card companies.

A financial services corporation in Panama can also offer what is commonly known as accounts receivable financing. This is also known as factoring. As a Panama financial services corporation, you can buy other businesses? accounts receivable at a discount. These accounts receivables are typically converted to cash within one to three months. Through factoring, businesses short on cash can finance their business operations on the basis of expected income. The financial services corporation earns money through the actual value of the accounts receivable and the amount used to purchase them.

As a financial services corporation in Panama, your license also entitles you to do some trading of precious metals. You are allowed to buy and sell gold, silver and platinum. Your type of license will allow you to do only one of two things in this scenario: buy and sell wholesale OR buy and sell retail. In the latter case, your corporation?s directors should be Panamanians.

Finally, a Panama financial services corporation also has the license to trade foreign currency. So in this case, your corporation can offer money changing services. However, you have to make sure that you follow the stipulation that requires you to file a monthly report of foreign currency trading transactions handled that are more than $10,000.

But a financial services corporation in Panama is not authorized to perform all the functions of a bank. To illustrate, you cannot receive direct deposits like the banks can. Your corporation is not authorized to offer financial administration services and you cannot represent yourself as a debt collection agency.

If you are thinking of forming an offshore corporation in Panama that offers you anonymity, asset protection, as well as a decent income earning potential, then a financial services corporation may be just the perfect option for you.

How To Avoid Credit Card Chargebacks

What is a chargeback? When a customer places an order and pays with a credit card, they may change their mind and request a refund from their card issuer. Consequently, the merchant ends up losing the sale that is supposedly completed. There are different reasons why chargebacks happen. If a customer isn’t satisfied with the order or if the shipment has damages, the customer may call off the purchase and demand a refund. Another reason is stolen identity. A thief may have stolen the real cardholder’s information and used it to place the order. When the real cardholder receives his/her billing statement, he or she may call the credit card company to dispute the charges as unauthorized or fraudulent. In response to the dispute and after an investigation has been conducted, the card issuer may reverse the disputed transaction.

How to Avoid Charge Backs

Clearly, credit card charge backs can affect your business particularly if you?re dealing with a large order or if chargebacks frequently happen. What was initially a profit made turns out to be a loss. This is why, business owners need to make sure that orders are delivered with utmost care and reach their customers in the best condition. Furthermore, online merchants should keep an eye out for fraud. When accepting credit card payments, it is crucial to ensure that you are dealing with the real cardholder and that the purchase is made in good faith. Here are essential tips on how to avoid credit card fraud and chargebacks:

– Swipe the card or imprint it on the transaction receipt. If a customer purchases from your shop, don?t forget to swipe the card. Thus, in case of a dispute you can prove that the customer used the actual credit card to make the purchase.

– Closely examine the cardholder?s signature. Don?t skip on this crucial step. Spending a few seconds to check the authenticity of the cardholder’s signature can save you from possible fraud. Don’t just presume that the customer is the owner of the credit card as the card may very well be stolen.

– Ask for proof of identification. Require your customer to present a valid ID (for reference) especially for large purchases.

– Check the credit cards expiration date. Make sure that the credit card is not expired. Credit card thieves sometimes use old or expired credit cards to make small purchases and get away with it.

– Call the credit card issuer. If you have even the slightest doubt as to the authenticity of the credit card or the identity of the holder, take a moment to call the credit card issuer to confirm the details. If you’re going to make the call, make sure that you have the credit card on hand. It is also wise to make the call in front of the customer to ensure that you are only making a confirmation. (Consumers are advised not to let their credit card out of sight due to phishing & extra swipe scams.

Credit Card Bin- Verify Client Credit Cards With The Bin Database

Using BIN database is helpful as you may know fairly fast if the credit card is in the good rank or not. What do you mean by BIN or IIN? BIN is a bank identification number and IIN is an issuer identification number. BIN is first six digits of card number & it allows the BIN database to know what credit card company this card is been issued from. BIN is normally the similar for issuer, which BIN belongs to. BIN is referred often as IIN. IIN is an issuer identification number and digits, which follow first six digits, are credit card identification number & are very unique to credit and debit card. All the numbers are same on cards as well as are issued as the added safety to ensure your card is yours. Your credit card identification number isnt going to be same with anyone elses it is within your IIN or BIN issuer.

Credit card BIN database is the system, which tracks & records all the debit and credit card purchases by the networking system. Many merchants & industries are making use of system daily. The credit card bin database has now become popular among online merchants. The online merchants are losing money just because of the fraudulent credit & debit card purchases online. Why is it very hard for merchants online to stop the credit or debit card frauds? It is because some merchants online do not make use of the BIN and IIN database. When merchants do not use bank identification number database then they are taking the chance to authorize this card. It is considered as the gamble as by not using database they arent 100 percent sure that card will be authorized. When credit card isnt authorized then merchant may have loss. Card might be reported as lost and stolen by the cardholder and froze by bank who issued this card. BIN database will contact issuers system by networking and issuer will either accept or else decline card. This is very important as it saves merchant lots of time. The credit card bin database has an access to cardholder and issuers information. This also helps online merchant to exactly know whether the card is real and good for purchase or not.

There is the credit card bin lookup, which is accessible and it shows issuers information. It is rightly legal as credit and debit card fraud isnt the option to know issuer information. BIN lookup as well gives you with issuers phone number. BIN database was made to stop debit and credit card fraud. The database is not just being used for buying. It is being used for some other transactions like insurance. The insurance companies are making use of the system for faster & accurate ways to identify customer with insurance information. Like you may see, BIN database is important for merchant, businesses as well as consumer. To run the BIN lookup is necessary and allows you know where and what card is about.

Personalize Your Finances With The Discover Monogram Card.

Personalize Your Finances With the Discover Monogram Card.

Discover now makes it possible for you to personalize your finances whether you are a student, a professional, or just a credit cardholder.

The Discover Monogram program allows cardholders to tailor-fit their credit card needs to their finances. This program is especially useful in today’s economic situation because consumers can pick and choose the benefits that would be most beneficial to them.

For starters, the Discover Monogram card lets you personalize the “look” of your card. You can choose either a bold color or a classic color. You can also choose which initial letters you have on your card. You also have the option of choosing one initial letter or two.

Next, the Discover Monogram card keeps money in your wallet. How? 1) It comes with a low interest rate which prevents you from having to pay them to have a credit card. 2) It comes with an amazing cash back program which actually pays you to use the card. The cash back program rewards you more when you buy gasoline, home improvement materials, travel purchases, restaurant bills, clothes, and much, much more.

The Discover Monogram card also comes with a $0 fraud liability. You might think that this has nothing to do with personalizing your finances, but actually, it has a great deal to do with personalizing your finances. The program provides you with early detection warnings in the event that your card is used for unauthorized purchases. This will save you time and money by allowing you to keep your credit report on the right track.

The Discover Monogram card is the perfect way to personalize your finances. You can control your finances instead of having the credit card company control them for you. Use the freedom that the Discover Monogram credit card provides and sign up today to start enjoying credit freedom and an unprecedented rewards program.