Card surcharges are unpopular, but banning could lead to more ramifications for small businesses, while the big banks get off scot-free.
Zerodha’s Nithin Kamath discusses the surge in personal loans and credit card usage in India, pointing out the associated risks of over-borrowing and rising defaults. He emphasizes the need to manage ...
Jane King discussed how AI could speed up the permitting process for projects, minimum credit card payments, and more.
Some 34% of merchants surveyed are adding surcharges for credit card transactions, the study says. The study also found that flat-rate pricing lends merchants greater impetus to add surcharges on ...
However, FirstEnergy, the parent company of Ohio Edison, is now adding a surcharge to customers who pay their monthly ...
The subprime auto loans 60-plus-day delinquency rate rose to 6.15%, a new record for December. For the delinquency rate prime auto loan ABS has been in pristine condition (0.37% in December) ...
The Dominican Association of Banks (ABA) says that Dominicans are increasingly relying on bank cards for their daily purchases. A recent analysis by the Association of Multiple Banks of the Dominican ...
Discover Financial Services (DFS) reached new heights on Thursday, with its stock rising 3.2% to an all-time high after reporting impressive fourth-quarter earnings. The company’s net income more than ...
The appointment brings a veteran of a major credit card network player to the company’s board at a time when cryptocurrency firms are looking to establish higher trust and credibility.
Ghana opened its doors to Mobile Money services (MoMo) in 2010, however, sending money from one wallet to another on a different telecommunications network was only possible through the token system, ...
MIND uses AI and a strong presale model, positioning itself as a trendsetter. In under 24 hours, it raised $500,000, reaching ...
Cash could be dethroned as king in Turkey as consumers increasingly turn to plastic when paying for goods and services. But the rise in card usage also comes at a cost, as more Turks fall behind in ...