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
If you are looking to evaluate your credit or debit card program, there is no reason to be overwhelmed. You may wish to work with an outside firm to get an evaluation. (NOTE: Companies like Alliance offer complimentary credit and debit card program evaluations – there is no need to pay for this kind of service.)
It is a simple and fast process, and here is all you will need when working with a company like Alliance on your credit card program evaluation:
With the recent national market trends in the payments industry, the smaller card issuers are struggling more and more. What this means is that to create a successful card program you must closely weigh all the options. Here are some that are worthy of consideration:
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