US credit card RSS

Acquiring, Alternative Payments (APMs), BNPL, Daily news, Issuing & Acquiring, US BNPL, US credit card, US credit card market -

For some time, the US credit card business has struggled with burgeoning costs and decreasing profitability. Now a range of factors – including rising inflation, a weakening economy and increased... read more

The post US credit card spending drops, users move to BNPL appeared first on Payments Cards & Mobile.

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credit card, credit card debt, Daily news, Issuing & Acquiring, POS Terminals, Risk & Compliance, US credit card, US credit card debt -

US credit card debt has hit a new record of $870 billion as of December 2018, according to the data from the Federal Reserve. Credit card balances rose by $26... more

The post US credit card debt hits new record of $870 billion appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), Daily news, E-Commerce, E-Money, Issuing & Acquiring, Mobile Wallet, mPOS, POS Terminals, U.S. Spending Snapshot, US credit card, US debit card, US mobile wallet -

The U.S. Spending Snapshot shows growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017... more

The post US spending snapshot: Electronic payments doubled year-over-year appeared first on Payments Cards & Mobile.

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credit card market, Daily News, Issuing & Acquiring, US credit card, US credit card market -

The US credit card market is showing signs of recovery, with credit cards gradually gaining traction among US consumers. Credit cards accounted for 43.4% in terms of transaction value, a number that is expected to reach 45.4% by the end of 2019. Timetric predicts that the US will have 720.0 million credit cards in circulation [...]

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