TransactionWorld.com

On the heels of the recent Credit Card Reform Act, CreditCards.com recently reported that the national average annual percentage rate (APR) for new cards jumped to 14.69 percent. It represents the highest national average since April of this year and …

In California, Governor Arnold Schwarzenegger vetoed a bill that would have forbidden businesses to charge fees for debit card use. Small business owners view this action as a victory which will save them from significant financial loss.

Previously, California …

It is impossible to be involved in the credit card processing industry and not be aware of the PCI Security Standards Council. This organization provides an international platform for the “ongoing development, enhancement, storage, dissemination and implementation of security standards …

Over the past few months, a standoff of sorts has been developing between California consumers and some of the state’s retailers. At issue is the swipe fee some retailers charge everytime a customer chooses to pay with his or her …

In May of this year, President Obama signed the much touted Credit Card Accountability, Responsibility, and Disclosure (CARD) Act. Though the crux of all this credit reforming was to prevent credit card companies from swindling the money away from their …