G R O U P I S O

Loading

Steady Credit Card Usage

Overall credit card volumes during May were flat–up slightly mm because of seasonality and some sector activity.

• Mom-and-pop and high-end retailers and sit-down restaurant credit card volumes remained weak; healthcare, quick-serve restaurants and online sales were strongest

• Merchant credit card payment transaction costs mostly flat yy, but higher issuers’ credit card fees are expected

• Upgrades and compliance with Payment Card Industry (PCI) Data Security Standards are expected to encourage some higher processing fees

read more: download the entire article here.

Recent Posts

Group ISO Merchant Services

Client Support: 800-960-0135
Sales: 800-722-4476
Agent Support: 800-960-0135

Office Hours: Mon-Fri 7:30 AM – 5:00 PM PST

Payment Solutions

Service Provider Badge

Equipment

Industries

Copyright © 2022 Group ISO. Group ISO, Inc is a registered ISO of Commercial Bank of California Irvine, CA. All trademarks and service marks used on this website are property of their respective owners