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UK Card Spend Reaches Highest Level Since at Least 2006

FICO Blog

But this year’s rise seems to also have been driven by inflation, pushing the amount of average credit card spend in the UK to the highest level since our UK Risk Benchmarking records began in 2006. This rise occurred in a month when UK retail sales volumes were widely reported as being down relative to past years.

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UK Cards Data: Increase in Cardholders Missing Two Payments

FICO Blog

In a similar vein, the FICO data shows that many of those consumers missing one credit card payment in December continued to struggle with their debts in the new year, with a marked increased in two missed payments. However, the balance for two missed payments dropped, potentially reflecting curtailed spending.

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PCI Compliance: The Ultimate Guide

Fundera

There’s a lot that goes into accepting credit card payments. You need to find a payment processor to work with, set up a merchant account, and buy a credit card terminal—preferably one that can accept magstripe, chip card, and contactless forms of payment. Why Does PCI Compliance Exist?

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BigCommerce vs. Shopify: Which Is Right for Your Business?

Fundera

Since launching in 2006, the Shopify platform has been used to build over 600,000 ecommerce stores and generate $82 billion worth of sales. Shopify Payments is a payment service provider that makes it possible to accept credit card payments.

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Paysimple Review 2019: Pricing, Features, Top Alternatives

Fundera

This being said, if you’re looking to streamline your payments from writing checks to online processing or simply need a provider who can accommodate a variety of processing methods, you may be considering Paysimple. small business owners since 2006. With Paysimple, you can take payments online, in-person, or on your mobile device.