Store credit cards can be some of the most useful items for the purposes of finance. Many people use them in order to get money back from consistent purchases while others may see lower interest rates compared to other options that can be attained. However, just like any credit card, there are concerns to be had when it comes to security, which is where the knowledge of Bob Jain can come into play. However, from what I've recently picked up on, security may just become that much more of a focal point.
Fox Business published an article that spoke about Sam's Club and its new credit card option. One of the defining traits of said option, for those not in the know, is the embedded security measure that was added through a chip inside of the card itself. What this chip will do, as the report detailed, is keep instances of fraud down to lower levels. To say that this is a strong feature would be nothing short of an understatement, which I'm sure Bob Jain - as well as others - would agree with.
The article mentioned that this particular program will launch on June 23 of this year. One of the reasons why this story stands out is because of the fact that the card has an embedded chip meant for security measures, which is something that other options seem to lack. Security is why many credit card options are invested in while others are cast by the wayside. As someone who is focused on the retail side of things, in addition to the financial realm, it's possible that this can create competition amongst retailers.
Jain, as well as other financial authorities, will be able to tell you about the various credit card options available across several big box stores. There are many popular options that can be considered, amongst them being the REDcard offered by Target. However, it's fair to assume that consumers have been on the fence about purchasing these particular options because of the fact that they run the risk of bringing higher interest rates. Sam's Club may be the option to turn to, as Bob Jain can observe.
How popular will this card be, in the long term, one has to wonder? While Sam's Club may not be at the same level of popularity as a company like Target, the truth of the matter is that the former still has its audience and there are many people that enjoy the idea of buying items wholesale. All that the store needs, from what I have seen, is an option that entails a heightened level of security. This may very well give Sam's Club more of an edge as far as credit is concerned.
Fox Business published an article that spoke about Sam's Club and its new credit card option. One of the defining traits of said option, for those not in the know, is the embedded security measure that was added through a chip inside of the card itself. What this chip will do, as the report detailed, is keep instances of fraud down to lower levels. To say that this is a strong feature would be nothing short of an understatement, which I'm sure Bob Jain - as well as others - would agree with.
The article mentioned that this particular program will launch on June 23 of this year. One of the reasons why this story stands out is because of the fact that the card has an embedded chip meant for security measures, which is something that other options seem to lack. Security is why many credit card options are invested in while others are cast by the wayside. As someone who is focused on the retail side of things, in addition to the financial realm, it's possible that this can create competition amongst retailers.
Jain, as well as other financial authorities, will be able to tell you about the various credit card options available across several big box stores. There are many popular options that can be considered, amongst them being the REDcard offered by Target. However, it's fair to assume that consumers have been on the fence about purchasing these particular options because of the fact that they run the risk of bringing higher interest rates. Sam's Club may be the option to turn to, as Bob Jain can observe.
How popular will this card be, in the long term, one has to wonder? While Sam's Club may not be at the same level of popularity as a company like Target, the truth of the matter is that the former still has its audience and there are many people that enjoy the idea of buying items wholesale. All that the store needs, from what I have seen, is an option that entails a heightened level of security. This may very well give Sam's Club more of an edge as far as credit is concerned.