Tag: credit card statistics

More than half of American consumers belong to either credit or debit card loyalty programs, and cash is by far the preferred type of reward....

Chinese credit card use is still low by US standards but growing fast. Between 2002 and 2010, credit purchase volume in China rose by a factor of 156....

Not only is the government not wasteful, inefficient or doctrinaire, but it is quite innovative and effective in its use of the payment card system....

Lessons from across the pond: new data show that, following steep declines in 2009 and 2010, payment card fraud losses in the U.K. may have now leveled off....

More than one in four American households (28.3 percent) are either unbanked or underbanked, relying instead on alternative financial services....