Archive for July, 2011

Credit Card Use on the Rise

Monday, July 18th, 2011

Credit card’s have been the primary consumer payment method for the second month in a row, according to First Data Corp.’s SpendTrend report for June 2011.

June Transaction Growth:

Credit — up 6.8 percent
Signature Debt — up 8.8 percent
PIN Debit — up 3.8 percent
Check — down 12.3 percent
June Dollar Volume Growth:

Credit — up 10.7 percent
Signature Debt — up 8.5 percent
PIN Debit — up 6 percent
Check — down 12.6 percent

Full article here