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Cardholders Prefer Debit as Credit-Card Use Declines
Americans are shunning their credit cards and using debit to avoid incurring more debt, said Javelin Strategy & Research.
Newsweek: Shoppers opt for debit over credit
Credit spending is on the decline as "cautious consumers" prefer to pay now as opposed to pay later, according to a new study released Wednesday. Last year, for the first time ever, the total payment volume for Visa debit cards surpassed that of credit cards. Credit card - Visa - Debit card - Credit - Payment
More Americans Pick Debit Over Credit
Credit spending is on the decline as "cautious consumers" prefer to pay now as opposed to pay later, according to a new study released Wednesday.
Plastyc Makes Debit Cards a Small Biz Reality
A four-person firm morphs prepaid debit cards into innovative financial instruments.
Recession Spurs Rise of the “Cautious Consumer” as Credit Card Usage Hits All-Time Low
SAN FRANCISCO--(BUSINESS WIRE)--According to a new Javelin Strategy & Research report issued today, the pain of the recession has produced a risk-adverse, cash-hoarding “cautious consumer” that is dropping credit cards and opting for “pay-now” payment alternatives such as cash, checks, debit, prepaid and gift cards at a higher rate than ever before. The report, “Payment Card Issuer Strategies ...
Which is the best credit card for you?
A credit card offers convenience and safety along with well packaged privileges and benefits. Here is an overview of various credit card types offered by banks.
Western Union's Dunked-on CEO Shoots for Expansion With Cash
Hikmet Ersek , Western Union Co. 's new leader, traces his switch from professional basketball to financial services to the day when an 18-year-old dunked on him.
Wal-Mart Gives Banks A Run For Their Money
The mega-retailer is bringing its low-cost model to a beleaguered industry.
Pitroda to bring digital credit card to mobiles!
For the last 15 years, Pitroda and Desai's team is working on the technology to pay through mobile phones. Pitroda already has 11 patents with him and some 20 patents related to this technology are pending for registration.
Collectors Universe Announces Fourth Quarter and Fiscal Year 2010 Results
Collectors Universe, Inc. , a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, today announced financial results for its fourth quarter and fiscal year ended June 30, 2010.
Study: Credit Cards Out, Pre-paid Cards, Cash In - MediaPost Publications
Forbes (blog) | Study: Credit Cards Out, Pre-paid Cards, Cash In MediaPost Publications People are ditching credit cards for debit, gift and prepaid cards, according to a new study by Javelin Strategy & Research ... Cardholders Prefer Debit as Credit - Card Use Falls, Javelin Says Bruised consumers shun credit cards More Americans Pick Debit Over Credit |
MasterCard Takes on PayPal on Mobiles - jkOnTheRun (blog)
| MasterCard Takes on PayPal on Mobiles jkOnTheRun (blog) MoneySend is a virtual prepaid credit card that customers can link with existing bank accounts, debit and credit cards to send and receive personal payments ... MasterCard Launches MoneySend(TM) for BlackBerry Smartphones MasterCard launches MoneySend mobile payment app for BlackBerry BlackBerry Gets MasterCard MoneySend Service |
Western Union ' s Dunked-on CEO Shoots for Expansion With Cash - Bloomberg
| Western Union's Dunked-on CEO Shoots for Expansion With Cash Bloomberg Ersek's background in the payments industry made him an appropriate choice to succeed Gold, who introduced prepaid cards in the past year to help compensate ... |
Visa Suspends ePassporte Prepaid Cards - BankInfoSecurity.com
BankInfoSecurity.com | Visa Suspends ePassporte Prepaid Cards BankInfoSecurity.com 7 statement, "Visa blocked network access for prepaid cards issued by SKNA and operated by ePassporte.com to address certain program deficiencies. ... Visa suspends ePassporte electronic money service |
Federal law closes loophole in gift card rules - Great Falls Tribune
| Federal law closes loophole in gift card rules Great Falls Tribune Cards usable with multiple merchants and prepaid credit cards are now valid for at least five years from the date the card is purchased. ... |
The pros and cons of prepaid credit cards - Helium
News Quench | The pros and cons of prepaid credit cards Helium Prepaid credit cards are on the rise with seemingly every bank issuing multiple varieties of these. But does a prepaid card make sense ... How to improve your credit rating |
Benefits Of Having A Prepaid Travel Credit Card - Boosh News (press release) (blog)
This is Money | Benefits Of Having A Prepaid Travel Credit Card Boosh News (press release) (blog) Hotel booking, car hire and Flights can be handled by using a prepaid credit card . Carrying a prepaid visa travel card is much more convenient when you ... Tips for obtaining credit cards with bad credit Credit law closes gift certificate'loophole' New rules slash credit card fees |
RBS WorldPay Hacker Gets Suspended Sentence for $9 Million Heist - Wired News
Wired News | RBS WorldPay Hacker Gets Suspended Sentence for $9 Million Heist Wired News ... including debit card transactions, electronic benefits transfer payments (EBT), prepaid cards, credit card and ATM-processing services. ... |
Gift card changes won ' t affect prepaid credit or debit accounts - Creditnet.com
Reuters | Gift card changes won't affect prepaid credit or debit accounts Creditnet.com The report also said the card must have printed information about fees and expiration dates on it. However, these rules do not apply to prepaid credit cards ... Adios to $40 cups of joe: localizing new credit - card rules New gift card rules a boost for spenders Tips for obtaining credit cards with bad credit |
Prepaid Credit Card Market Gets Makeover - Jabber Lounge
Forbes (blog) | Prepaid Credit Card Market Gets Makeover Jabber Lounge And the prepaid credit card market has certainly benefited from it. The great benefit to any prepaid credit card holder or applicant comes from the ... Final phase of federal law restricting credit card fees, interest rates begins New Rules for Gift Cards As latest consumer protections kick in, credit cards zero in |
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| Fayetteville firm markets prepaid debit card. (Technology).(National Financial Resource Group ): An article from: Arkansas Business by: Lori Harrison-Stone publisher: Journal Publishing, Inc., released: 30 July, 2005 price: $5.95 (new) | |
| Visa embraces new technology: from prepaid to smart cards. Visa is determined to lead the way in credit card technology.(NEWS): An article from: Australian Banking & Finance by: Gale Reference Team publisher: Thomson Gale, released: 18 September, 2007 price: $9.95 (new) | |
| Wild cards: entrepreneur banks on business serving people who don't bank.(Next Estate Communications Inc.)(prepaid cards): An article from: Los Angeles Business Journal by: Kate Berry publisher: Thomson Gale, released: 20 September, 2005 price: $5.95 (new) |