AIB announced that it too will be dispensing the Visa Debit card card in 2012, this was almost inevitable as AIB was unlikely to be the sole bank offering Laser as a payment method (and being the only bank paying for the administration of the scheme).
http://www.irishtimes.com/newspaper/breaking/2011/0718/breaking26.html
Showing posts with label Visa Debit card. Show all posts
Showing posts with label Visa Debit card. Show all posts
Monday, 18 July 2011
Friday, 8 July 2011
BOI Customers to receive new 'contactless' Visa Debit Card
Further to my recent post about Debit cards, Bank of Ireland have announced that all of its current laser cards will be replaced in the coming months with a new Visa Debit card. The card will offer all the services you normally receive with your laser but with one small difference, this will have 'contactless' payment capabilities.
Rather than putting your card in the chip and pin device and punching in your pin, this card will allow you to pay for small purchases (under €15) by simply pressing your card against the scanner and going about your business. For security reasons you will be obliged to use the current pin system after a certain number of contactless transactions.
Apart from this (for Ireland) innovation, Visa Debit offers further benefits, it is accepted anywhere a normal Visa credit card can be used. This means it should make spending abroad and buying online should be less painful.
FS
Rather than putting your card in the chip and pin device and punching in your pin, this card will allow you to pay for small purchases (under €15) by simply pressing your card against the scanner and going about your business. For security reasons you will be obliged to use the current pin system after a certain number of contactless transactions.
Apart from this (for Ireland) innovation, Visa Debit offers further benefits, it is accepted anywhere a normal Visa credit card can be used. This means it should make spending abroad and buying online should be less painful.
FS
Saturday, 2 July 2011
Debit cards more popular than ever
The Irish Payments Services Organisation (IPOS) announced during the week that the popularity of the Debit card is growing and for the first time ever there are twice as many Debit cards as Credit cards.
This reflects the fact that people are more interested in paying down their debt then getting out there shopping with money they don't have!
Two Debit card types are available in Ireland. Laser cards are supported by BOI/AIB/NIB and the relatively new Visa Debit card has been picked up by Ulster Bank/PTSB. Expect Laser to be phased out over the next three years or so as Visa Debit is far more widely acceptable online/overseas.
As you can only spend what you have in your current account with debit card, this is a form of self imposed austerity that is being practised by the masses....perhaps as penance for our credit card sins during the 'Tiger era'.
FS
This reflects the fact that people are more interested in paying down their debt then getting out there shopping with money they don't have!
Two Debit card types are available in Ireland. Laser cards are supported by BOI/AIB/NIB and the relatively new Visa Debit card has been picked up by Ulster Bank/PTSB. Expect Laser to be phased out over the next three years or so as Visa Debit is far more widely acceptable online/overseas.
As you can only spend what you have in your current account with debit card, this is a form of self imposed austerity that is being practised by the masses....perhaps as penance for our credit card sins during the 'Tiger era'.
FS
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