Last year, card issuers and financial institutions issued 14 percent more new cards to consumers, bringing the number up to approximately 42.3 million, according to TransUnion. ... more
Many major credit card companies are partnering with mobile carriers this week at the Mobile World Conference ... more
The amount of payments processed grew 11 percent to $994 billion in 2011. ... more
Last year, over half of Americans bought something online, spending more than $200 billion collectively through online credit card processing services, and that number is expected to grow ... more
In an effort to promote the adoption of mobile and contactless payment technology, Visa has announced the release of a new service that will make it easier for consumers to use smartphones as a wallet. ... more
QR codes are a cheaper option to near field communication (NFC) mobile payment technology, but they might also be riskier ... more
Attendees of the 2012 Olympic or Paralympic games will get to test drive mobile payment technology before it becomes common in retail stores worldwide. ... more
Experts from the Payment Card Industry Data Security Standards (PCI DSS) council advise retailers to make the most of the security and not to put off adoption. ... more
To make prepaid credit cards more appealing, some issuers are offering customers better incentives. ... more
Online retail sales pushed $50 billion for the 2011 holiday season, driving ecommerce up by 14 percent, but a recent study revealed new information - that consumers spent the most early on in the season. ... more
