CARPENTERIA, Calif. All general purpose credit, debit, and prepaid cards issued in the U.S. (both consumer and commercial) generated $4.202 trillion in purchase volume at merchants in 2012, up 7.8% over 2011, according to new data released by The Nilson Report.
VENTURA, Calif. Ventura County CU here has entered into a partnership with FOODShare of Ventura County and leading restaurant loyalty program MOGL, which encourages its members to eat out, cash in and do good in an effort to generate more than 100,000 donated meals to fight hunger in Ventura County. more »
WestStar CU has slammed the brakes-at least for this credit union-on the so-called "race to the bottom" in PIN network debit interchange, and in the process expects to actually boost its debit interchange revenue. more »
Despite shrinking per-swipe debit interchange revenue, debit rewards are here to stay. But those CUs using rewards programs effectively-generating more transactions to offset the impact of the Durbin rules-are broadening their base of rewards. more »