Spending Trends, Bitcoin’s Burst And A Personal Anecdote

Here are our top five tweets from the week that was. Keep tweeting, and we may feature you next Friday.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.


    @BC_PYMNTS: Hey @MasterCardNews: someone tried to use my card info in Indonesia. Thank you for blocking the transaction despite my Transformers story.

    I feel compelled to share the Alanis Morrisette-level irony I experienced this week with our readers, in that I recently became a victim of attempted card fraud. Turns out someone used my MasterCard debit card information to try and book a $900 hotel room in Indonesia. MasterCard’s fraud protection system successfully blocked the transaction, and while my debit card was rendered useless, I’ll take that over being out nearly one grand and needing to go through the subsequent negotiations with my credit union. 

    As I alluded to in my tweet, that such a major network would still protect my account even after I published this story speaks volumes about their character. Thank you, MasterCard. I’m sure we’ll be in touch.

    (Is including your own tweet in this column “cheating?” Not if I say it isn’t.)

    Read the original tweet here.


    @innov8tr: Bubble or opportunity? @pymnts: Bitcoin Value Surpasses $200 For First Time ow.ly/jVwwL

    Firstly: great Twitter handle, Dominic. Secondly: this was pretty interesting timing, as just a few hours after this tweet was sent out, the bottom fell out of the bitcoin market, and the virtual currency lost over $100 in value in a matter of hours. Bitcoin value has fluctuated wildly back and forth ever since, and I’m not sure anyone can predict where it will eventually land. I covered the problems plaguing bitcoin in-depth yesterday, so check that out for a primer.

    Read the original tweet here.


    @globalVCardCA: What better way to celebrate our big win at the @pymnts Ultimate Entrepreneur’s Challenge, than with a new T-Shirt? Ow.ly/i/1Pzur

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Well, now I’ve seen it all. I know The Innovation Project 2013 was popular with our attendees, and I hope everyone who came took away some insights, even if they didn’t leave with an award.

    But for CSI, which walked away as champions of the Ultimate Entrepreneur’s Challenge, it seems as though victory was not enough. If you click on the full tweet below, you’ll see some t-shirts the crew at CSI made up, commemorating their title after an impressive showing at the event. That, my friends, is pride. 

    Read the original tweet here.


    @shukla: “@pymnts: March Sees Decline In Consumer Confidence But Rise In Spending ow.ly/jQIpL” -> Go Figure

    Frequent Tweeter KP points out one of the more interesting contradictions from a story we’ve run this week in our analysis of Discover’s March U.S. Spending Monitor. It turns out that while people are less enthusiastic about the economy than they were a month ago, they’re actually spending a little more and plan on continuing to do so in April as well. As tax returns start hitting consumers’ wallets and the spend-heavy holiday season appears further in the rear-view mirror, it will be interesting to see if this is a trend that keeps up.

    Read the original tweet here.


    @Karishma_7KR: @VeriFone @CocaCola @pymnts #creditcards #NFC #isis and the world keeps moving forward!!!

    This optimistic statement comes in response to a story we ran a while back about Coca Cola and Isis, and how their partnership serves as an interesting glimpse into the potential – or lack thereof, according to some – of NFC. As detailed in an NFC Times piece, we broke down how Coke is somewhat behind the game in that just 15 percent of its vending machines accept cards at this point, making the jump to mobile payments acceptance both surprising and perhaps even more necessary than it would be otherwise. Read the piece and let us know what you think.

    Read the original tweet here.


    Have a good weekend, and happy tweeting!