A new report by Javelin Strategy and Research substantiates that improving economic conditions combined with debit interchange caps have brought about credit cards regaining an increased share of consumers' wallets for online purchases. Javelin predicts in its latest study that by 2016, assuming the Dodd-Frank Act's provision regulating debit card interchange stands, total online payments by credit card in the U.S. will climb 63% above today's figure. Tied to that growth is a projected 16% increase in online e-commerce sales, from $309 billion in 2011 to $444 billion by 2016.
. . . from the Association of Vermont Credit Unions highlights late breaking news and select issues of interest to credit union management, staff and volunteers.
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