Americans Get More Credit Cards, Pay on Time and Keep Balances Low
The U.S. credit card delinquency rate in Q2 2012 fell to 0.63%; Americans are getting more new credit card accounts, but keep outstanding balances low....
Category: Credit Card Processing Blog
’90 Percent of the Credit Card Lawsuits Are Flawed’
In 90% of the credit card lawsuits, the creditors present flawed evidence and yet, 95% of them result in default judgments in favor of the creditors....
Why Are Merchants so Hung up on Credit Card Fees?
Retailers believe that, if only the credit card interchange fees were lowered, it would all be good once again. Well, that is not the world I live in....
Square’s Coming-of-Age Party Is On
You are invited to Square's coming-of-age party! It's going to be held at a Starbucks near you. Bring your own phone, but you can leave your wallet at home....
Why Is U.S. Credit Card Debt not Growing?
The latest Federal Reserve data show that U.S. consumer credit card debt has fallen sharply in June, erasing all of the increase for the year to date....