U.S. credit card holders are paying their bills at the best rate in three decades. According to the quarterly credit card debt study from CardHub, the credit card charge-off rate is now at 2.89 percent — the lowest point since 1985. Get the Full Story...
Almost one-quarter of U.K. consumers would be “likely” to use an online payment provider like PayPal and WePay for retail banking services within two years, according to a survey of 2,000 U.K. adults by YouGov and legal website Out-Law.com. Get the Full Story Complete the...
No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried, Business Korea reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will only be support at 130 stores in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C.. Get the Full Story Complete...
Bye-bye soda pop firms, good riddance car companies. The biggest backers of music acts in the U.S. are now card brands and major banks, according to a new report from Billboard. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With an eye on in-store, in-app, online and P2P payments, Belgium’s largest banks are backing a QR code-based mobile payments app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Walmart’s China operations are running into internal resistance as the chain tries to embrace very Web- and mobile-friendly shoppers in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Russia’s National System Of Payment Cards (NSPC) will materialize and start accepting payments in mid-December, according to a report Monday (Dec. 8) in a prominent Russian business newspaper, the Vedomosti. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It’s long been common practice for cyberthieves to test stolen cards online, often with a tiny charge on a charity site, to quickly determine which have been shut down and which are still valid. But the latest tactic involves ordering pizzas from Domino’s—OK, so food...
