Younger Consumers and Credit Card Usage: A Complex Picture Diverse Studies on Credit Card Use Among Younger Generations Conflicting studies…
Category: AVP Solutions News and Events
How Will Credit Card Fee Changes Affect Consumer Credit Card Use?
Or will they? As a follow-up to last week’s post about the late-in-the-year settlement on card fees, and how those might affect both merchants and consumers, comes this additional item in the Washington Post.
New Year’s Changes: Merchant surcharges
Happy 2013 to our readers, and while this first January week may still find many of us in lingering “holiday mode,” it actually brings some “hard news” in the credit card processing business.
More Prepaid, More Credit: A Peek Into the New Year
More Prepaid, More Credit: A Peek Into the New Year Financial trends 2023, as we bid farewell to 2023 and…
Black Friday and Cyber Monday Span Increasingly “Mobile” Weekend
The trendlines — not to be confused with the weekend’s expanding waistlines! — are in, and changing shopping patterns, and evidence of a slowly recovering economy, were both apparent over the long holiday weekend.
Pilgrim Economy: No cash, just carry!
Pilgrim Economy: No Cash, Just Carry! Celebrating Thanksgiving: A Time for Gratitude Here at AVPS, we wish you a Happy…
Proposed Changes to CARD Act Could Mean More Credit Customers For You
Under the CARD act of 2009, it actually became harder for at-home spouses to get their own credit card, as Federal Reserve Regulations required a credit card issuer to verify the individual applicant has income or assets available to make payments — regardless of the total household income. Current proposals to change the CARD Act would allow a non-working spouse or partner over the age of 21 to report shared household income from the working spouse or partner in order to apply for a credit card in his or her own name.
Card Use Expected to Be Up This Holiday Season: Is Your Business Ready?
Projections for credit card use this holiday season continue to be good. The Greensheet, a credit card industry newsletter, recently featured a round-up of projetions, with many saying that this year’s holiday retail sales could top 2011 by upwards of 4 percent. Deloitte LLP estimated that U.S. retailers will rack up over $900 billion dollars of sales between November (which starts today!) and January of 2013. And of that, approximately $36 billion is expected to be “mobile-influenced,” with
shoppers using phones and tablets to help locate items, and comparison-shop between them.
Could EMV Risk Be Headed Your Way?
Could EMV Risk Be Headed Your Way? The Emerging EMV Risks for Merchants A recent article highlighted potential EMV risks,…
