“The amount of debit cards is growing at a faster rate than that of credit cards, according to RBR’s Global Payment Cards Data and Forecasts to 2021 study,” as Business Insider reports. Debit cards already account for 70% of payment card use around the world, a number...
“Is this the beginning of the end for cash?,” a recent article in Marketwatch asks. No, we’re not talking about governments yanking currency and forcing everyone into an electronic payment system. Rather, we’re talking about a shift in the use of payment cards that...
That may be the most germane quote — the “takeaway” if you will — from an interview that Nitin Sumangali did regarding MasterCard Global Insights’ recent white paper on consumer spending habits and whether they’re still in a “recession mindset.” The study...
A debit card is the alternative to credit for customer purchases. While many consumers carry plastic regularly, not all can obtain a line of credit. Your customers need an alternative method of payment that provides similar convenience. Processing entails far more...
