CHINA TOPIX

12/22/2024 11:03:56 pm

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Credit Cards

Chinese splurge on Spring Festival spree via UnionPay

UnionPay Transactions in China Surge During Spring Festival

Chinese consumers' transactions on UnionPay defied the economic slowdown to set a record during the week-long Spring Festival holiday, with shopping, dinning and travelling accounting for most of the splurge, the company announced.

Credit cards

What Credit Card Perks Do the American Rich Like?

A survey done by CreditCards.com showed that 60 percent of credit card holders in the United States with investable assets of US $100,000 prefer cash back as a credit card perk while only 22% enjoyed frequent flier miles.

president-obama-signing

White House Pushes Credit Card Security Measures

The Obama administration has pushed forward new security measures on federal and government payment solutions, to curb the growing number of data breaches and fraudulent activity.

Sorry PayPal, Apple's New Payment System Might be Bad for Business

ApplePay will allow users to use their iPhones to shop and pay online

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