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July 14, 2010

  • News:  Using Your Credit Card Abroad Webcast

    Are you planning a trip out of the country in the near future? Are you a regular international traveler? If you answered yes to either of these questions, then you know how difficult it is to understand when or when not to use your credit card while traveling out of the country. Lenders try to answer credit cardholder's questions pertaining to traveling out of the country; however, the process is often so confusing that the cardholder remains in a state of confusion. Many travelers have resorted to using their credit card to obtain cash advances. They then turn around and pay for their merchandise and services in cash. However, there's a problem with this method. First, the interest rate on cash advances continues to be the highest rate charged and can be as high as 30 percent. The second is that banks have been known to apply principal paid off cash advances last.

    Recent reports by both the New York Times and USA Today indicate that credit card spending out of the county has become increasingly difficult for Americans because of differing technology worldwide. Well, Gemalto wants to help. will be hosting a webcast to help international travelers prevent such problems. The good news; it's FREE! is committed to providing the latest news and tips to keep cardholders' personal information safe while surfing the internet. The webcast entitled, "What you need to know about using your credit card abroad," is scheduled to be broadcast at 1 p.m. EST on July 21, 2010. The webcast will feature an impressive lineup of speakers who are travel and technology experts.

    Participants in the webcast will learn why these is so much confusion and controversy surrounding the use of credit cards while traveling out of the country. They will also witness personal testimony on their own experiences and provide advice for other travelers. An ever changing global card technology will be discussed and along with an explanation on how it impacts American travelers. Wal-Mart will talk about its plans to move to a globally accepted payment technology. To learn more and register for the webcast, you can visit

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