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Understanding Why People Use Credit Cards

By |2018-07-29T18:35:47-07:00March 8th, 2017|Credit Card Processing|

There are as many reasons for using credit cards to make purchases as there are credit cards in the world.   Here are many of the reasons: Convenience - Credit cards are easier than cash. With a single swipe, you can pay for hundreds of dollars worth of items. There isn't a lot of cash

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Credit Cards and the Share of Sales

By |2018-07-29T18:16:28-07:00February 27th, 2017|Credit Card Market Share|

Each year, credit cards capture an increasing larger share of payment methods. According to CreditCards.com, US consumers used their credit cards 14.5 billion times. That accounted for $1.4 trillion in purchases. With an expected volume of $4 trillion, consumers in the United States will use their credit cards for more sales than the GDP of

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