The Credit Card Industry Is Facing New Regulations [View article]
I don't think this bad news for Visa & Mastercard, they will process more transactions. It's bad news for the banks holding the loans with their interest rates and fees. I believe this will open the door for folks to keep charging on the credit cards and have bigger debt on their balance without worry about interest rate charges and fees.
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]
Sean Miller & Joanne Rosen, please don't quit your day jobs. People are using their visa check cards and MasterCard cash cards (debit cards) to buy stuff like gas and groceries. Credit use maybe down, but the debit cards use is growing.
Visa, Mastercard Risk Ramped Up Competition [View article]
Question about Global Payments?
provides payment processing and consumer money transfer services worldwide. It operates in two segments, Merchant Services and Money Transfer. The Merchant Services segment provides credit and debit card transaction processing, including VISA, MasterCard, and online and off-line debit card processing; and check-related services, including check verification, recovery, and guarantee services.
Global Payments earnings jump in Q3 today.
So, does this means that MA & V will have good earning? Hum...
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Latest | Highest ratedThe Credit Card Industry Is Facing New Regulations [View article]
The Credit Card Industry Is Facing New Regulations [View article]
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]
Visa, Mastercard Risk Ramped Up Competition [View article]
provides payment processing and consumer money transfer services worldwide. It operates in two segments, Merchant Services and Money Transfer. The Merchant Services segment provides credit and debit card transaction processing, including VISA, MasterCard, and online and off-line debit card processing; and check-related services, including check verification, recovery, and guarantee services.
Global Payments earnings jump in Q3 today.
So, does this means that MA & V will have good earning? Hum...