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« April 8, 2008 | Main | April 10, 2008 »

April 09, 2008

Rethinking Card Reward Programs for a Weak Economy

Tags » Card Issuers, Card Reward Programs, TowerGroup

TowerGroup has published a new report titled 'Pointing in the Right Direction: Rethinking Card Payment Rewards in a Challenged Economy' by Brian Riley, senior research analyst in the Bank Cards practice that examines existing reward and loyalty programs and explores how credit card issuers may rework their programs to inspire customers to maintain the terms of their accounts.   » Continue Reading

US Online Retail Sales Forecast to Reach $204 Billion This Year

Tags » ECommerce Payments, Merchants

Shop.org has released The State of Retailing Online 2008, its 11th annual study conducted by Forrester Research of 125 retailers. The study found that 'online retail will continue to be a bright spot in the industry with retail sales rising 17 percent this year to $204 billion. Apparel ($26.6 billion), computers ($23.9 billion), and autos ($19.3 billion) will be the largest three sales categories.'   » Continue Reading

Bank of America's School Supply Purchasing Product for Teachers

Tags » Bank of America, Debit Cards, Prepaid Cards and Stored Value Cards, Visa

Bank of America has announced the launch of the Bank of America Visa Supply Shelf card, 'a prepaid debit card that allows teachers to make quick, hassle-free purchases of classroom supplies. The card, ranging in value from $25 to $750, can be used at designated school supply merchants, either in their stores or from their websites.'   » Continue Reading

Headline News - April 9, 2008

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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