While the total number of U.S. Visa (V) and MasterCard (M) credit plus debit Cards-in-Force (CIF) topped one billion in 2013, the number of Gross Accounts (GAC) is ready to cross the milestone in 2015. RAM Research forecasts a total of 942 million V+M GAC in the first quarter.
The Financial Obligations Ratio (FOR) has declined to 15.28%, the lowest measurement since 1981 and the Debt Service Ratio (DSR) has plunged to 9.92%, the second lowest ever recorded in 35 years. However, this trend my reverse in 2015 as the economy heats up.
Atlanta-based Global Payments has introduced a comprehensive suite of security solutions designed for direct merchants. The new GlobalShield will join EdgeShield gives merchants and application providers the most secure processing options in the industry.
More than 5 million businesses in the UK can accept Bitcoin transactions, through an efficient system which offers a proven method for businesses to reach new customers on a global scale. Utilizing Bitcoin provides merchants with a myriad of benefits, which include zero fraud and zero chargebacks.