Using a business credit card can really help you manage cash flow and even offset some of the startup costs surrounding your venture. Still, credit cards are like short term loans. You borrow against your credit limit but you’re also expected to pay back what you spend in addition to interest. Just like with personal…
5 Biggest Credit Card Scams and What You Can Do to Protect Yourself
By Sean Messier As times change, credit card technology follows suit. But while change brings benefits, it also means that fraudsters and identity thieves have more tools at their disposal than ever before and that these tools have evolved in order to combat the ever-changing protective measures put into place to make criminals’ jobs harder. Fortunately,…
Richest Americans Prefer This Type of Credit Card
By Jennifer Barrett What do affluent Americans want in a credit card? Turns out it’s not so different from what the rest of the country wants: cash back. Sixty percent of credit card holders with investable assets of $100,000 or more say cash back is their favorite credit card perk, according to a new CreditCards.com survey….
Choose Your Credit Card Wisely
By Karin Price Mueller Small business lending may be improving, but it’s far from easy to get money when your business needs to spend. The right credit card may help. In fact, credit cards were the most popular spending method reported by participants in a 2009 Small Business Administration business credit card survey, with 59 percent…
The Biggest Credit Card Mistake Entrepreneurs Make. You Can Avoid It
By Odysseas Papadimitriou More than 80 percent of small-business owners use credit cards, according to the Federal Reserve. But some make the mistake of reaching for plastic (means credit cards) too soon when starting up their businesses and reduce their chances for long-term success. Nearly 60 percent of start-ups rely on credit cards for financing during…
Amazon Halts Ban on UK-Issued Visa Credit Cards
LONDON—Amazon.com said on Monday it would not stop accepting UK-issued Visa Inc. credit cards on its British website later this month as it had proposed, adding that it was working with Visa to resolve a dispute over payment fees. “The expected change regarding the use of Visa credit cards on Amazon.co.uk will no longer take…
Amazon to Stop Accepting Payments Using UK-issued Visa Credit Cards From January
Amazon will stop accepting Visa credit cards in the UK from January 19, 2022, the online retail giant has said in an email to UK customers, citing high visa fee charges. “Starting 19 January, 2022, we will unfortunately no longer accept Visa credit cards issued in the UK due to the high fees Visa charges…
No More China Tech: 57 Million Credit Card Machines Likely Compromised
News Analysis Americans and allies are too dependent on China tech, as demonstrated by recent revelations that our Chinese-manufactured credit card machines are sending data back to China for no good reason. The U.S. Treasury Department says that millions of Chinese point-of-sale (POS) devices, the credit card machines found at check-out counters, could be sending…
Mastercard Taps Into Buy Now, Pay Later Market With Latest Offering
Mastercard Inc. on Tuesday launched a buy now, pay later service, tapping into a market that is threatening to chip away at the dominance of credit cards as a main source of payments. The buy now, pay later sector got a boost during the COVID-19 pandemic as cash-strapped shoppers were attracted to the service due…
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