U.S. Credit Card Debt Up at Fastest Clip in 3 Years
The aggregate volume of U.S. consumer credit card debt in May rose by 5.1%, the fastest clip since June 2008, or $3.3B, lifting the total to $793.1B....
Category: Credit Card Processing Blog
What Every MO / TO Merchant Needs to Know About Credit Card Acceptance
Your primary objective when accepting payments over the phone or in the mail must be to verify the cardholder's identity and the validity of the card....
Credit Card Delinquencies Rise Slightly, Still at Historic Low
The aggregate delinquency rate on U.S. consumer loans rose slightly to 3.4% in Q1 2011, but is still well below the average of the past 15 years....
Americans Get More Credit Cards, Much Better Terms
Even as Americans continue paying off credit card debt, they have also begun opening up new accounts at a much faster rate than we've seen in a while....
Why Credit Card Processing Statements Are Complicated
The biggest reason merchant processing statements are complex is that payment processors provide merchants with detailed transaction information....