More and more card-linked transactions are happening, according to the CardLinx Association’s annual card-linking industry survey. The report from February 2016 shows that card-linked transactions have grown by more than 50% in the last year.
Card-linked transactions are those in which customers link their credit cards or debit cards to digital coupons, loyalty programs, or mobile wallets. Benefits and discounts are automatically applied when consumers complete their transactions, without...
With the release of credit card bill, credit card holders can now expect at least some semblance of fairness from their credit companies. Merchants and other businesses do not have such luxury, however.
For merchants and other businesses, accepting credit card payments from customers can be a financial pain. Every time a customer uses his or her credit card to pay for a purchase, the credit company issuing the credit card will charge the merchant a percentage of the purchase. The fee, known...
Last May, President Barack Obama signed into law the credit card bill. The credit card bill introduces several regulations that aim to help credit card holders get fairer treatment from their credit card companies. The bill contains regulations that will stop the arbitrary raising of interests and fees, minimize the offering of credit to high risk consumers such as those below 18 and force credit card companies to have clearer and more easily understood languages on their credit card agreements...
Continue readingUnited Airlines has recently circulated notices to some of their travel agents stating that they will no longer be taking the burden of credit card fees when customers purchase tickets through credit cards. The fees will have to be paid by the travel agents, instead.
United Airlines is the United State's third largest airline. Their latest announcement will affect a large number of agents when it begins on July 20. Credit card transactions for tickets carry transaction costs which used to be...
As the economic crisis continues, more and more American consumers are finding themselves barely able to pay for basic utilities. Mortgages, car loans and student loans are becoming more difficult to pay off as less and less cash is available. Many American consumers are turning to paying off these loans using credit cards and the service is getting even more convenient as it has just gotten online.
Currently, there are a few online companies that are offering credit cardholders the chance...
As more and more American consumers see the risks of using credit cards for their purchases, debit cards are fast becoming the plastic of choice in the U.S. As a matter of fact, the switch from credit cards to debit cards has been a growing trend among consumers for a few years now.
In most cases, debit cards have many similarities to credit cards. They are essentially similar in form. They are supported by Mastercard and Visa. They also offer the same convenience of paying with plastic...
iPhone find one more reason to enjoy their smart phones with iPhone credit card processing.
CellCharge, specialists in enabling cellphones for credit card processing, offers iPhone owners the most convenient way to process credit card transactions for merchants. The service is a great way for small businesses to add credit card transactions to their payment options without having to invest a large amount. They can also process payments anytime and anywhere, as long as they have their iPhone...
The recent passage of the credit card bill from Congress was cause for celebration for credit cardholders, though the legislation itself won't become active until nine months have passed. Now, the government is looking into other credit card practices that seem unfair to consumers and how best to legislate them.
Currently, the Government Accountability Office is studying credit card usage among American consumers. They are interested in one particular practice and its effect on merchants and...
Credit card fraud has long been one of the most controversial problems of the credit card industry. The nature of the crime is doubly troubling as credit card fraud, more often than not, involve the theft of information of a personal nature which can be hard to secure again once it has been compromised.
Some types of credit card fraud can also be difficult to detect and, since consumers only see the summary of their purchases when their bill comes, finding out that they've been a victim...
If you are one of many Americans having debt problems, then you know that the situation is becoming worse and worse as the economic crisis continues. As the available cash in American households begin to dwindle, the more debts a household has, the more problematic the situation gets. If you have a similar problem, you might want to consider consolidating your loans.
Credit Cards and Debt
Credit cards have become the de facto standard for a large number of financial transactions in the...