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BNET Business Dictionary
- Credit Card
- a card issued by a bank or financial institution and accepted by a merchant in payment for a transaction for which the cardholder must subsequently reimburse the issuer
- Credit Card definition on BNET »
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- Why You Should Use a Credit Card for Airplane Tickets
- If you routinely charge plane tickets to a debit card, stop. The New York Times explains why you should always use a credit card for your flight purchases: Under the federal Fair Credit Billing Act, a credit card company is required to return your money for a service not...
- Blog posts 2008-05-15
- Airlines Expanding Payment Options
- Airlines are always looking for ways to cut costs. Distribution costs have been on the chopping block for years, but it's been only relatively recently that credit card fees have begun to move on to center stage. Credit cards are easily the most convenient way to pay...
- Blog posts 2008-04-02
- Handling Online Payments
- If your business sells its products or services online, it goes without saying that your online payment system must work flawlessly. If not, your credibility will vanish in a heartbeat. Your system must be easy to use and unfailingly secure. Consumers won't tolerate a long, cumbersome purchasing process, and they...
- Articles 2007-10-16
- Coke Machines Go Cashless with MasterCard
- Today MasterCard Worldwide and USA Technologies Inc. announced plans to install cashless payment terminals in 7,500 Coca-Cola vending machines within 8 markets (Atlanta, Boston, Chicago, Denver, Las Vegas, Miami, New York and Seattle). Customers will be able to use traditional credit cards as well as MasterCard's PayPass. Thacher Worthen, Coca-Cola's...
- Blog posts 2007-08-07
- GE Capital acquires Europe's largest store credit card operator. (General Electric Capital Corp. buys Burton Group Financial Services of Europe)
- GE Capital acquires Europe's largest store credit card operator STAMFORD UPI -- General Electric Capital Corp. has acquired Burton Group Financial Services, the largest store credit card operator in Europe, for $329 million. The acquisition willGE Capital acquires Europe's largest store credit...
- Research articles 1990-07-23
- Advanta Files For Bankruptcy Protection
- NEW YORK (Reuters) - Advanta Corp ADVNA, a small business credit card lender in the United States, said on Sunday it filed for bankruptcy protection after the economic crisis over the last two years devastated its small business customers.In the filing with the U.S. Bankruptcy Court for the District of...
- News items 2009-11-08
- Delta Says No to Cash, Yes to Credit Cards
- Delta Air Lines announced today on its blog that it would no longer accept cash on Delta and Northwest flights in North America (that's including Central America and the Caribbean, its blog states, as if we didn't take sixth-grade social studies) starting Dec. 1Â and instead will only take credit cards...
- Blog posts 2009-11-09
- Common Sense Needed to Avoid Xmas Debt
- With just nine weeks until Christmas, people should use their credit cards wisely to avoid starting 2010 with a debt hangover, a leading credit union says.Credit Union Australia chief executive Chris Whitehead said making a budget and planning for payments after the festive season was over could prevent people...
- News items 2009-10-23
- Mortgage Approvals Hit 18-mth High
- LONDON (Reuters UK) - Mortgage approvals for house purchase rose faster than expected in September to their highest level since March 2008, but borrowing on credit cards fell to its lowest since last December, official data showed on Thursday.The Bank of England said mortgage approvals numbered 56,215 in September, up...
- News items 2009-10-29
- Many Homeowners Upped Debt on Low Rates
- More than 75 per cent of homeowners took advantage of low interest rates to add to their mortgage loan or take on other forms of debt, a new survey has found.The poll by mortgage broker, Loan Market Group, found that 44 per cent of homeowners increased their home loan...
- News items 2009-11-04
- BofA: Credit Card Loss Rate Could Have Peaked in Q3
- By Joe RauchCHARLOTTE, North Carolina (Reuters) - Bank of America Corp's BAC credit card loss rate may have peaked in the third quarter, but it will remain elevated for a "substantial number of quarters," the bank's head of consumer banking said on Thursday.Bank of America, the largest U.S. bank, has...
- News items 2009-11-05
- Britons Face Higher Credit Card Charges
- LONDON (Reuters UK) - Consumers face higher rates and fees on credit cards as lenders battle rising bad debts, funding constraints and reduced appetite for borrowing, accountants PricewaterhouseCoopers said on Monday.These changes, combined with rising regulatory and government scrutiny, would shake up the market and prove the current model based...
- News items 2009-11-09
- Understanding Credit
- There are two ways to pay for something you buy. One way is to pay immediately by giving the seller cash or a check, the other payment is to use "credit" which is usually in the form of a credit card or store credit. Credit allows the consumer to buy...
- White papers 2003-01-01
- Credit Card Vocabulary
- This page displays the vocabulary common in Credit Card Industry.
- White papers 2003-01-01
- Benefits From Discover Business Services
- This article says that you can position your business to take advantage of the exceptional growth in credit card usage and the increased volume of credit purchases. Research shows that people who shop with credit cards make more frequent and larger purchases than customers who use cash. This article also...
- White papers 2003-01-01
- Citigroup Inc has purchased Sears' credit card activities
- Citigroup has just acquired, for six billion dollars, the credit card portfolio of the American distribution group, Sears. By using Sears' 2700 points of sale, Citigroup expects to increase strongly its customer base and its turnover, and achieve economies of scale while solidifying its position as the leader in the...
- White papers 2003-09-01
- Regulators Put Credit Card Companies On Notice
- Amid growing public discontent with credit card companies, federal regulators have published guidance intended to curb "inappropriate" account management, risk management, and loss allowance practices. The article identifies that credit line decisions need to be based on factors like repayment history, risk scores, behavior scores, and other relevant criteria. ...
- White papers 2003-02-26
- Independent Credit Card
- "Under the proposal, a national bank would be deemed an ""independent credit card bank"" if it engages primarily in credit card operations and is not affiliated with a full-service national bank. This proposal reflects the fact that many independent credit card banks securitize or sell receivables, thereby removing those assets...
- White papers 2001-04-11
- Get Control of Your Debt
- This article is about the debt as Most people would like to save more of their money. Unfortunately, too many are tied down by loans or credit cards with high interest rates - but you don't have to be one of them. Three ways to know if you have...
- White papers 2003-01-01
- How to fix credit card errors
- The Fair Credit Reporting Act is again your friend when it comes to fixing errors in your credit report. Errors in your credit report include mistakes but they also include omissions. It's possible that actions you've taken to pay off a debt or clear up a delinquency, for example, are...
- White papers 2003-09-08
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