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2. Accepted payment methods for AOL services - AOL Help

   help.aol.com/articles/payment-methods-available-CS41

   • Visa (credit or debit) • Discover (credit or debit) • MasterCard (credit or debit) Direct debit is no longer available for active accounts, however, it can be used to pay past due balances, with a $7 fee. Entering your payment info. When adding a new payment method, keep the following in mind: • Enter your card number without hyphens.

3. Stored-value card - Wikipedia

   en.wikipedia.org/wiki/Stored-value_card

   A stored-value card ( SVC) is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds can be withdrawn and deposited straight from the card. Like cash, payment cards can be used ...

4. Chargeback fraud - Wikipedia

   en.wikipedia.org/wiki/Chargeback_fraud

   Chargeback fraud, also known as friendly fraud, cyber shoplifting [1], or liar-buyer fraud, [2] occurs when a consumer makes an online shopping purchase with their own credit card, and then requests a chargeback from the issuing bank after receiving the purchased goods or services. Once approved, the chargeback cancels the financial transaction ...

5. Credit CARD Act of 2009 - Wikipedia

   en.wikipedia.org/wiki/Credit_CARD_Act_of_2009

   The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...

6. Prepaid Cards Can't Hurt Your Credit, but They Can't Help It ...

   www.aol.com/2013/02/05/prepaid-cards-credit...

   A Prepaid Card Is Not a Secured Card Before this newest version of plastic arrived on the scene, the phrase "prepaid card" often referred to a card backed by a secured line of credit -- a ...

7. Prepaid Cards: Banks and Celebrities Love Them ... But Should ...

   www.aol.com/2013/01/17/prepaid-cards-banks...

   It seems there's no shortage of banks issuing prepaid credit cards in 2013, and no shortage of customers -- and celebrities -- willing to give them a chance. This hybrid of credit and debit cards ...