Posts Tagged ‘Money’

New chip technology will increase acceptance and security of AAA credit cards for consumers traveling and spending abroad

ORLANDO, Fla., (September 10, 2012) – Americans traveling to international destinations have been challenged by the technology gap between magnetic stripe credit cards issued in the United States and chip-enabled cards widely accepted abroad. AAA, North America’s largest leisure travel organization, announces the rollout of chip technology on its credit cards for current cardholders through our partner Bank of America.

“Chip-enabled cards will expand purchase options, add convenience and transaction security for Americans traveling abroad,” said Siobhan O’Donnell, director, AAA Financial Services Sales and Marketing. “We are pleased to provide this new technology to cardholders which will enhance their international travel experiences.”

Credit cards with chip technology, which is also known as EMV (EuroPayMasterCard Visa), are embedded with a microprocessor chip that encrypts and stores the account information. Many countries outside the United States have already converted from magnetic stripe to EMV chip technology.

AAA’s new chip-enabled credit cards will continue to prompt customers to sign for transactions just as they would today. The cards also include the traditional magnetic stripe, which is used by U.S. merchants.

Current AAA credit cardholders are able to request the chip card option by calling the customer service number on the back of their card. Chip cards will be rolled out for new cardholders later this year. For more information visit AAA.com/creditcard.

As North America’s largest motoring and leisure travel organization, AAA provides more than 53 million members with travel, insurance, financial and automotive related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

 

Orlando, Fla., February 14, 2005

A new tool on AAA’s Web site (www.aaa.com) can help members find discounts on everything from tires and shoes, to prescription drugs and clothing. 

Search for Savings, a part of AAA’s Show Your Card & Save program, provides users a searchable database of more than 107,000 merchant locations in North America and another 40,000 throughout the world that offer discounts on products and services to AAA members.

“In 2004, members saved more than $520 million worldwide by showing their AAA membership card at participating merchant locations,” said Tom Wilt, managing director, AAA Partnership Programs. “With the new Search for Savings database we anticipate that more people will be finding and patronizing the merchants who are participating in the program.”

To access the database simply log on to www.aaa.com/save. Users who have not visited the AAA Web site before may be prompted to enter their zip code. Once on the site, users can search the database by city, type of merchandise, business name or method of purchase such as online, phone or storefront.

“It’s designed to help users find discounted products and services whether they are shopping in their home town or on the road,” said Wilt. “It has never been easier to save money.”

AAA Partnership Programs negotiates savings opportunities with companies throughout the United States. By offering reciprocal agreements with auto clubs in other countries, AAA can also provide its members with discounts while they travel abroad in more than 40 countries.

AAA.com is the on-ramp to AAA’s many consumer products and service on the Internet. The site connects users to their local AAA or Canadian Automobile Association club Web site where they can find a full range of helpful information and assistance, as well as information on how to join or renew membership.

As North America’s largest motoring and leisure travel organization, AAA provides more than 47 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers.

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