Credit Cards

Australians Increasingly Eschew Cash and Card for Mobile Payments

September 19, 2018 By: Steven Anderson Mobile payments are catching on just about everywhere, and Australia is serving as an excellent case-in-point example.

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Americans Prefer Cash Over Credit for Small Purchases

When it comes to smaller purchases – like a pack of gum, bottle of soda or bag of potato chips – Americans still prefer using paper currency over plastic. Nearly half (45 percent) of consumers who own a rewards credit card say they prefer using cash for purchases under 10, according to a new survey […]

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New Poll Confirms Australians Prefer Cards to Cash

One-in-three Australians are card-only shoppers and almost all prefer card to cash when given the option, a YouGov Galaxy poll released on Monday said. The poll, commissioned by payments provider Square, surveyed 1,000 Australians and suggests that many have ditched cash or carry it only as a last resort.

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In ‘Golden Age’ of Branded Credit Cards, Shoppers Cash In

Credit cards that are affiliated with brands – such as American Airlines, Uber, L.L. Bean and Ikea – are suddenly amping up rewards for everyday purchases at restaurants, gas stations and grocery stores.

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Cash Use Falls Further in U.K. As Plastic Payments Rise

The value of purchases made by plastic now accounts for more than three-quarters of retail sales. Cash use fell a further 1 last year and now accounts for just 22 of purchases, according to the British Retail Consortium. But the switch to plastic hasn’t stopped Britons spending – there were almost 20 billion retail transactions […]

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Payments PIN Network Mistakes That Cost Financial Institutions Big Bucks

In the ever-changing world of payments, the gritty details in vendor PIN network contracts matter – a lot. And ignoring these details or getting agreements wrong can cost financial institutions as much as six or even seven figures over the life of a contract.

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How the Shift in Retail Drives Card Adoption in China

Nearly one-third of total retailing in China is expected to come from online channels by 2022, marking a nine-percentage point gain from 2017. This shift has resulted in several non-traditional financial service providers gaining share by reaching previously unbanked consumers through mobile devices and online marketplaces.

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Here’s What Happens When You Miss Your Credit Card Payments

Credit card delinquencies on the rise. Despite a strong economy and low unemployment, Americans are falling behind in paying off their credit card debt. The delinquency rate on all U.S. credit card loans is 2.47 percent – up from 2.42 percent at the beginning of 2017 and 2.

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JPMorgan Extends Sapphire Card Brand to Checking Accounts

JPMorgan Chase is expanding its high-end Sapphire brand to include checking accounts, hoping to attract and keep increasingly affluent millennial customers, the largest U.S. bank said on Wednesday.

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Crypto Credit Cards: The Three Cards to Know

Crypto credit cards have been rumored and discussed for as long as the market exists. Bringing a card to consumer markets would be a big sign of crypto’s adoption path.

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Credit Card Trends and Usage Looking Favorable in 2018

Consumer confidence is nearing an 18-year high. Unemployment figures are at record lows. Retail spend is healthy, and expected to stay that way through the back-to-school and holiday shopping booms. Translation for credit card issuers? The swiping and spending continue.

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J.D. Power’s Best Credit Cards for Customer Satisfaction

Are you satisfied with your credit card? If you don’t have a Discover, American Express or Barclays card, you might not be. That’s because according to J.D. Power’s 2018 Credit Card Satisfaction Study, those 3 card issuers are the best for customer satisfaction. J.D.

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