Sentences with phrase «ban on credit card transactions»

Walsh notes that rather than enact an outright ban on credit card transactions involving gift card purchases, some stores are just adding a few simple security measures, such as checking IDs before processing these charges.

Not exact matches

The U.S. Justice Department's decision to turn a blind eye to the enforcement of federal marijuana laws in states that authorize medical or even recreational use of the drug eventually may make it easier to use credit cards for such transactions, but a banking ban on legal pot sellers remains intact for now.

Is it possible we could see banks reverse course on their previous call to ban credit card transactions for cryptocurrencies?

JPMorgan's ban goes into effect on Saturday, Feb. 3, while Bank of America's ban became effective immediately, with the bank declining credit card transactions with crypto exchanges, as per internal memos obtained by Bloomberg.

JPMorgan Chase and Bank of America have both placed a ban on cryptocurrency transactions via credit cards, according to Bloomberg reports.

JPMorgan, enacting the ban Saturday and Bank of America started declining credit card transactions with known crypto exchanges on Friday.

That's because the bans are generally intended to protect consumers from operations that try to consummate credit card transactions on the phone.