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LowCards.com Weekly Credit Card Update–December 13, 2019
Americans’ Credit Card Debt Poised to Reach 10-Year High Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of...
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Visa Plans to Adjust Swipe Fees for First Time in 10 Years
Visa is planning to adjust the rates merchants pay for credit and debit card processing, according to a new report from Bloomberg. Visa’s fees will vary based on the type of transactions a merchant...
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LowCards.com Weekly Credit Card Update–February 7, 2020
Visa Is Planning the Biggest Changes to Swipe Fees in a Decade Visa is planning the biggest changes in a decade to the rates U.S. merchants pay to accept its cards, hoping to persuade more people to...
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LowCards.com Weekly Credit Card Update–February 14, 2020
Credit Card Debt in U.S. Rises to Record $930 Billion Credit card debt rose to a record in the final quarter of 2019 as Americans spent aggressively amid a strong economy and job market, and the...
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LowCards.com Weekly Credit Card Update–April 10, 2020
Another Challenge for Small Businesses: Higher Card Fees Could Be on the Way Many small businesses could have another thing to worry about when they come out of a coronavirus coma: higher credit-card...
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When Will Plastic Credit Cards Go Away?
Experts believe the question is no longer if credit cards will disappear. It is how long before credit cards go away. As more people are switching to mobile payments made through their smartphones or...
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LowCards.com Weekly Credit Card Update–July 31, 2020
A Third Of Small Business Owners Have Tapped Personal Funds To Stay Afloat Roughly 35% of small-business owners in a survey said they’ve needed to tap their own funds—via a personal credit card and/or...
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LowCards.com Weekly Credit Card Update–October 23, 2020
JPMorgan Chase Takes on Square and PayPal with Smartphone Card Reader, Faster Deposits for Merchants JPMorgan Chase is rolling out a checking account that is paired with a new fintech-inspired service...
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LowCards.com Weekly Credit Card Update–December 18, 2020
Watch Out for Covid Surcharges on Credit Card Statements Industry reports indicate that credit card surcharges may be becoming a mainstream practice during the pandemic. Retailers are allowed to charge...
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LowCards.com Weekly Credit Card Update–January 8, 2021
Federal Investigators Probing AmEx Card Sales Practices Federal investigators are probing business card sales practices at American Express. The inspectors general offices of the Treasury Department,...
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