The Senate voted Wednesday in favor of the Federal Reserve (central bank) to limit the fees that merchants must pay the bank every time a user uses a debit card, which gives retailers a victory on financial groups in a battle involving billions revenue dollars. Senators who supported the effort by financial institutions to reject [...]
According to a study released by Visa International, remittances are fueling a very important banking in the region. The study was conducted in Mexico, Guatemala and El Salvador; three countries reported a total income of U.S. $ 28,938 million in remittances, almost 50% of the total sent to Latin America and the Caribbean in 2010. [...]
For the fifth consecutive month, charges apply for financial institutions on the cards, both debit and credit became more expensive in May, especially in the first deal, with a rise of 9.2% according to the Bank of Spain. As for the annual fee in May debit card stood at 18.39 euros, well above the 16.84 [...]
For various reasons the food is good business and seems to be one of the favorite choices of entrepreneurs to start their own businesses. However, many people think they just have good taste in the kitchen or know how to prepare good drinks to start a business of this kind. And that is probably the [...]
A debit card is different from a credit card because everything you spend using it proceeds directly from your bank account. When you use your debit card are not asking for any loan, you only spend your own money electronically. The cards from the shops work the same way as credit cards but you can [...]
If you were ever given a card would be a good idea to visit our introduction to credit cards first. There you will find answers to many general questions. Also, our glossary contains explanations of some technical words and phrases you’ll find this site. If you have already decided to apply for a card but [...]