Credit Card Processing and the 2010 Financial Reform Act
Virtually all retail businesses accept credit cards because doing so is proven to increase total sales. At this writing the U.S. House and Senate conference committee continues to work on the controversial merchant services reform legislation. And a House-backed revision of the Durbin amendment — which gives the Federal Reserve authority to regulate credit card…
More than Half of QSR Gift Card Users Visit QSRs More Often Because of a Gift Card
First Data Corporation First Data Competitive Intelligence, in conjunction with Market Strategies International, conducted the QSR Prepaid/Gift Card Study with over 4,000 U.S. consumers in August 2008. Brief Findings: 51% of QSR gift card self-purchasers and receivers indicate they visit QSRs more often when they have a gift card. Self purchasers visit a QSR an…
PIN Debit Transactions on the Rise
First Data Corporation “First Data Study Re-Confirms Debit as the Fastest Growing Payment Method; Transaction Volume Increases When Choice is Offered” DENVER, Aug 01, 2006 (BUSINESS WIRE) — Having the option to make payments via PIN or signature debit increases the number of transactions consumers make monthly, according to a recent survey released by First…
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