post — Admin @ 9:03 pm — post Comments (0)

After the recent announcements that cheques in the UK are to be phased out by the end of October 2018 a number of groups expressed concern that there would be many people that would be unable to cope with cheques to rely on, and one of these groups was the elderly.

Concerns were expressed over how used to cheques elderly people had become and how difficult many might find it to adapt to other methods of payment. For many older people cheques have been a main payment method for many decades, and some believe that it will be difficult for these people to break out of the habit of using cheques.

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post — Admin @ 3:28 pm — post Comments (0)

U.S. credit card companies announced Thursday and Friday that they will waive or rebate the transaction fees on credit card donations to major U.S. humanitarian aid organizations involved in the relief efforts following last week’s devastating earthquake in Haiti.

Consumers, however, will still need to be on their toes to benefit from the waivers: the transaction fees will be waived only for select major relief organizations, and those differ for each credit card company.

The announcements came after an article in the Huffington Post cast light on the fact that credit card companies rake in as much as $250 million a year from the 1-3 percent interchange fee they charge for processing credit card transactions, including those to non-profits and charitable institutions. D

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post — Admin @ 3:34 am — post Comments (0)

Business credit cards are one of the tools used by companies nowadays to secure their finances when making huge purchases like inventory and machineries. Instead of cash, a manager or business owner uses this card in its transactions to eliminate the possibility of misplacing the amount if in paper, and to expedite the process of buying products. Business management graduates and analysts believe that this improves the ability of the store to fully manage its funds.

Business credit cards allow employees and management to keep track of their expenditures. It is important for an owner of a business to separate personal expenses from business expenditures.

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post — Admin @ 7:07 pm — post Comments (0)

As a student who is enrolled and studying in a university, there are basic needs that must be provided either by the parents or guardian. One of these needs is a substantial amount of money that will be used to pay for expenses such as unexpected project fees, transportation, food, and many others. However, instead of cash and coins, would you rather prefer a credit card?

Essentially, having student credit cards provides numerous benefits to cardholders. One of the most visible advantages would be the convenience of just swiping the card when you are paying for expenditures. Another benefit is that you are able to build your credit score while you are still studying.

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