A new report found more than 54% belong to loyalty programs that enable them to save on the cost of fuel and rank these programs #1 for membership and activity over credit-card cash-back rewards, coupons, discounts, airline miles, hotel points and other rewards programs.
According to consumers worldwide, financial institutions excel at leveraging digital technology to meet convenience, choice and access needs of customers, but banks have permission to do more to become trusted advisors and move the banking relationship beyond transactional convenience to the center of the consumers’ living experience.
First American Payment Systems has unveiled 1stPayBlaze, a new product comprised of payment integration, merchant boarding and reporting tools that make it easy for ISVs (Integrated Software Vendors) to quickly accept payments on their platform and to sign up new merchants.
A new report suggests co-branded credit cards last year generated 31% of general purpose credit card purchase volume, or $809 billion among Visa, MasterCard, Discover and American Express branded credit and charge cards. Roughly 43% of U.S. adult consumers own at least one co-branded or affinity credit card.