What You Need to Know About Credit Card Processing Here is a series of posts about a search for an honest and affordable processor of credit card transactions. My own search began when I was tipped off that I was … Continue reading
One of online retailing's big advantages could be dealt a serious blow in the future. On Friday, the Senate passed a nonbinding amendment which would allow states to collect sales tax from out-of-state online retailers. The amendment was part of … Continue reading
Once again, the most popular gift this past holiday season was a gift card. If you received one, this weekend may be the time to use it. The second annual Gift Card Weekend http://www.giftcardweekend.com/ will take place from January 4 … Continue reading
2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card stories of 2012: Swipe … Continue reading
Holiday shoppers are frantically running around, picking up last-minute gifts for their friends and family. Consumers spend a great deal of money trying to meet the needs of their loved ones. To see how much we spend, take a look … Continue reading
Buying gift cards this holiday season is even easier with the growing availability of virtual gift cards. Ordering is done online, and an email is sent to the recipient with the details needed to claim the gift. Gift cards continue … Continue reading
The holiday shopping rush is on. Paying with a credit card makes it is easy to be in the spirit of buying and giving without paying attention to how much money is being spent. But January credit card bills bring … Continue reading
Now that November has arrived, shoppers and retailers are both turning their attention to the holiday season. Consumers will spend an average of $749.51 on their holiday shopping, up 1.2 percent from the $740.57 spent last year, according to the … Continue reading
Tablets and smartphones will be a very big part in this year's holiday shopping experience for both consumers and retailers. A recent Holiday Spending Survey by the National Retail Federation showed that consumers will use these devices for a variety … Continue reading
It has been exactly one year since the debit card swipe fee regulations reduced the interchange fee that merchants paid to banks and card processors. Retailers and merchants appear to be the big winners from this reduced fee that resulted … Continue reading
Another major trade association has come out against the $7.25 billion settlement between some retailers and Visa and MasterCard over the interchange fees on credit card transactions. Today, the National Restaurant Association announced that it is opposing this settlement because … Continue reading
The opposition continues to grow to the $7.25 billion settlement on credit card interchange fees that Visa, MasterCard and other banks agreed to pay. Yesterday, the National Retail Federation announced that it received approval from its board to go to … Continue reading
Many analysts considered the $7.25 billion credit card interchange fee settlement to be a significant victory for retailers. But the world's two largest retailers, Walmart and Target, have both come out against the proposed settlement. They join the National Association … Continue reading