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PayPal Inc. began offering a reloadable prepaid debit card Friday in the United Kingdom.
August 4 -
Sanjay Sakhrani, an analyst at KBW Inc.'s Keefe, Bruyette & Woods Inc., trimmed his profit estimates for MasterCard Inc. after it reported second-quarter results that he said showed "some slowing in the U.S."
August 4 -
Heartland Payment Systems Inc. says that a marketing agreement with a group of school identification-card providers will help it boost sales of its campus payment card systems to small and midsize schools.
August 4 -
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Visa Inc. and MasterCard Inc. posted double-digit revenue increases last quarter as nondiscretionary spending on cards cushioned the effects of the U.S. consumer slowdown and international and cross-border volumes continued to exhibit healthy growth.
August 1 -
Simon Property Group Inc. has begun to offer Visa-branded Olympic-themed gift cards at 185 of its malls around the country, the shopping center management company announced yesterday. Simon is selling the cards in denominations of $20 to $500 at guest service centers at the malls, the company says. Consumers pay a $3 handling fee per card, $1 of which goes to support the U.S. Olympic Committee, Cathi Weiner, Simon senior vice president for business development, tells CardLine. Simon plans to sell 100,000 cards, and each one includes a Coca-Cola-branded compact disc with custom content and links to Internet sites that have music, ring tones, and coupons from Coca Cola Co., Panasonic and Sega Games, the company says. Minneapolis-based U.S. Bank issues the cards, Weiner says. The cards will be on sale through August, Weiner says.
August 1 -
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Visa Inc. said late Wednesday that its earnings for its fiscal third quarter, which ended June 30 - its first full quarter as a publicly traded company - rose 41% from a year earlier, to $422 million, or 51 cents a share.
July 31 -
Chet Mullin, Omaha World-Herald, Neb. McClatchy-Tribune Info Svc
July 31
