Always Providing You With Ongoing Information


Americans are currently receiving new credit and debit cards with more secure chip technology, and causing headaches for companies that rely on working cards to charge their customers every month.

Video and music streaming companies, dating websites, gyms and other subscription-based companies can take a hit when customers don’t update their accounts after receiving a new card. Millions of cards carrying the new chip technology being mailed out all at once it’s creating huge problems.Netflix this week said large numbers of cards that weren’t updated were partly to blame for slower subscriber growth in their most recent quarter.

Customers with subscription services, that have funds automatically withdrawn from checking accounts every month for a service, it has become increasingly noticeable when people don’t update the cards that they use for those services, or are unaware that they need to.

Tag Cloud

%d bloggers like this: