[USPRwire, Sun Nov 29 2015] Timetric's "Brazil Cards and Payments: Key Trends & Drivers, Emerging Consumer Attitudes and Credit Card
Growth Prospects to 2019: Market Profile" provides market analysis, information and insights into the credit card
market in Brazil, including:
"The new credit card
is another example of how we consider customer needs when we develop products, which are designed to engage customers by providing real tangible benefits.
o Almost a third (31 percent) of those surveyed have four or more credit cards
, and an equal amount also use their credit cards
very often for purchases.
If, on the other hand, a merchant is equipped to use chip technology, but the credit card
company hasn't issued a smart card to the customer, the credit card
company will be liable for any fraudulent transactions that occur where the card is presented for payment.
For results based on the total sample of 765 credit card
owners, the margin of sampling error is 4 percentage points at the 95% confidence level.
The association, which used a combination of Bank of England figures and its own research, said outstanding balances on credit cards
in the UK fell from PS65.8bn in 2008 to PS56.9 billion last month.
With the growth of multiple credit card
systems, the issuance and processing had become a daunting task too large for individual financial institutions to handle.
It was the travelling salesman who first promoted the credit card
for use on the road.
The Credit CARD
Act precluded credit-card issuers (with minor exceptions) from retroactively raising interest rates on existing balances--unless the cardholder is more than 60 days late.
Rewards cards continue to account for a greater share of credit card
spending and account for more than 60 percent of all originations, signaling that rewards factor significantly in consumers' choice of credit card
A prepaid Visa (NYSE:V) or Mastercard (NYSE:MA) can provide you with the convenience of using a credit card
without the responsibility of having a credit card