Credit Card Spending Surges, Retailers Slump

May 29th, 2008 by Appu

This growth takes place as more consumers switch to credit card spending and away from cash or checks. It is now estimated that 55% of all US transactions will be done using cards, up from 40% in 2005. Visa (V: 85.25 0.00 0.00%) is the

Original post by gracecheng@gracecheng.com (GraceCheng.com)

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