Debit-Card Use Overtakes Credit

Wall Street Journal by Robin Sidel | May. 1, 2009 (News Report)

"A big group of consumers like the discipline that debit spending can bring them, and that is particularly relevant in this kind of environment," said Tim Murphy, who oversees MasterCard Inc.'s main payment products around the world. Full Story »

Posted by Kaizar Campwala

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Subjects: U.S., Business
Topics: U.S. Economy, Finance
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Posted by: Posted by Kaizar Campwala - May 19, 2009 - 8:01 AM PDT
Reviewed by: Kaizar Campwala (review)
Content Type: Article
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Edited by: Kaizar Campwala - May 19, 2009 - 8:01 AM PDT

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Kaizar Campwala
3.3
 by Kaizar Campwala - May. 19, 2009

Fascinating data. Unfortunately, the reporter is over-reliant on industry sources. There's no analysis from credit card industry critics, nor interviews with debit card users.

Kaizar posted this story.
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  • Credit Card Industry Aims to Profit From Sterling Payers

    New York Times by Andrew Martin | May. 19, 2009 (News Report)
    Credit cards have long been a very good deal for people who pay their bills on time and in full. Even as card companies imposed punitive fees and penalties on those late with ...
    Posted by Kaizar Campwala
    3.6
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