Word: crediteer
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...This is unprecedented because the software bug hit millions of cards," says Michaela Roth, a spokeswoman for the Central Credit Committee (ZKA), a group that represents five public and private banking associations. "We're looking at different options right now and we're confident we can repair the software on the chips...
...spot the problem earlier. "We have angry customers and lost revenues and it's simply not our fault," Stefan Genth, the head of HDE, told the German daily Bild. Genth says retailers already have to foot an annual bill of more than $150 million in charges to banks when credit and debit cards don't work in store machines. This new problem will only add to their losses...
Cashless burrito and taco lovers of Cambridge, rejoice! As of Jan. 1, 2010, Felipe's Taqueria in Harvard Square has finally joined its 21st century cohorts in taking credit cards. And it's about time...
...Felipe's requests is that customers still pay with cash for orders under $10—although Tom Brush, co-owner of the restaurant, clarified that they won't deny credit card payments for orders under...
Brush warned, however, that if taking credit cards becomes a significant cost to the business—since the restaurant is charged a flat rate for each credit card transaction—Felipe's may have to raise its prices...