Nearly one out of five consumers say that last year’s holiday shopping put them in debt. About half took more than six months to pay the debt off and 35% maxed out one or more credit cards.Details
A complete Mpos system that requires no new hardware for the merchant to install, plus works with any Apple or Android mobile device has been introduced. The new SwiftPay from TechPay also utilizes QR codes for transactions allowing merchants to see detailed scan data, sales and ad campaigns.
At the end of the third quarter 2014 (Q3/2014) American Express (AmEx) net income (excluding corporate losses) increased 5.5% year-on-year (Y/Y), but down 6.7% quarter to quarter (Q/Q), driven mainly by continued strong growth in the U.S. Card Services (USCS).Details
Seven out of ten Americans blame retail chains for credit card breaches. A new survey finds 65% of holiday shoppers say they have used or plan to use cash to pay for their purchases compared to 61% who plan to use credit cards this holiday season.Details