Thursday, March 3, 2011

Payment cards finding their place - Business First of Louisville:

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say more merchants are accepting their payment cardsw and consumers increasingly areusing them. The companies are poised to take advantage of paymentf trends in theUnited States. Consumerxs and businesses continue to switch from writingv checks to paying for goods and servicee with credit and debit cards and other electronicpayment instruments, according to an October reporft from the . The total number of noncash paymentsz increased from 81 billion in 2003 to 93 billiomnin 2006, the report citing technology, preferences and costsa as among the factors that have changeds payment behaviors.
“Rapid changes in the paymen system will likely continue through the rest of thisdecads — and into the next,” the report As many as 6,000 consumers a day are signing up at Revolutionb Money, which offers both a credit card and an online payment service, said Jason founder and CEO of the St. Petersburg-basedc firm.

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