Tag Archives: credit

FEATURE: Rush to cash in store credit could expedite GAME demise

GAME’s Spring Clean sale has certainly proved popular with customers. But has it helped or hindered GAME’s current plight? Go into any GAME or Gamestation outlet today and ask customers what they are doing. Many will tell you they’re using up the last of their store credit in case GAME …

Read More »

Gamers give up on credit cards

Fewer gamers are using credit cards. NewZoo says that in 2010, 26 per cent of consumers reported making payment for games using credit cards, but that fell to 20 per cent last year. It follows similar research from pre-payment specialist Ukash, which says nine out of ten of its customers …

Read More »

New releases WILL be at GAME this Friday

Rumours that this week’s big releases will not be available in GAME are untrue, MCV can confirm. Metal Gear Solid: HD Collection, Final Fantasy XIII-2 and Soul Calibur V are currently being processed by the retailer, despite claims circulating in the consumer press. However, MCV can also confirm that GAME …

Read More »

Wii U controller includes NFC communication

Nintendo has confirmed the inclusion of Near Field Communication in the Wii U controller. The most well known example of NFC-like tech is London’s Oyster travel payment service, which is based upon the very similar RFID standard. The use of such technology opens up a range of possibilities for Nintendo, …

Read More »

Sony credit rating downgraded

Credit ratings agency Standard & Poor’s has downgraded Sony’s credit rating to A-, citing concerns over long-term corporate credit and senior unsecured debt ratings. The likelihood of Sony’s weak earnings persisting has increased”, the ratings group said. There are no signs of a halt to the deterioration in the earnings …

Read More »

THQ nails down fresh credit agreement

Publisher THQ has agreed terms on a four-year deal with credit agency Wells Fargo Capital Finance. The new credit facility grants THQ the ability to borrow up to $50m which is secured on assets. This total increases to $75m during peak sales periods”. The publisher’s previous $35m agreement with Bank …

Read More »

Now SOE confirms data theft

Games developer Sony Online Entertainment has confirmed it was attacked by hackers as part of last month’s PSN hack and that user data has possibly been compromised. In total the firm believes that it has lost around 12,700 credit card numbers with some 24.6m accounts being compromised. The attack took …

Read More »

Worries surround PSN card security

Six days on and we’re still none the wiser as to the nature of the "external intrusion" that has lead to the collapse of PSN – and customers are starting to get worried. At the first the concern was one of inconvenience. Easter is a busy weekend for many gamers …

Read More »