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The CardHub study analyzed online rental policies of all the credit cards currently offered by the 10 largest issuers.
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Partnering with MasterCard, DriveNow will now provide its users with contactless credit cards to pay for, unlock and operate its car-sharing vehicles.
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With an understanding of the risks and with proper qualification protocols, cash and debit card rentals can be done successfully.
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CardHub report finds that types and levels of coverage vary greatly by card; American Express named as having the best coverage.
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Kraig Palmer, a detective with the California Highway Patrol/San Diego Regional Auto Theft Task Force (RATT), provides tips for car rental companies to recognize whether a credit card is manufactured or altered.
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Who should buy a loss damage waiver from a car rental company, and is it covered by your customer’s credit card?
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CardHub’s 2012 Credit Card Auto Rental Insurance Study compares car rental insurance coverage offered by Visa, Discover, MasterCard and American Express.
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New, federally mandated caps on debit transaction fees may benefit car rental companies accepting debit cards. However, be prepared for stricter IRS information reporting rules and the proliferation of payments via smartphone.
Read More →Ink from Chase Card Services, will allow small business customers to save on rentals and earn rewards faster.
Read More →Thieves stole cards that were stored in the vehicles’ glove boxes and cost GoGet $80,000 in the fuel scam.
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