Changing Actions in Point of Sale Transactions

Kasavana, Michael L.
October 2006
Hospitality Upgrade;Fall2006, p145
Trade Publication
The article discusses the use of electronic payments used by clients in the hospitality industry. The number of consumers using credit and debit card payments in the U.S. surpassed cash and checks. In 2005, the share of consumers who used an electronic form of payment double than in the previous years. Similar to spending in other industries, electronic payments have begun dominating the transaction landscape of the hospitality industry.


Related Articles

  • UK card spending expected to increase 11% in 2008.  // MarketWatch: Financial Services;Dec2008, Vol. 7 Issue 12, p9 

    The article reports that the value of transactions on debit cards is expected to grow from GBP383 billion in 2007 to GBP438 billion in 2008, an increase of 11% in Great Britain. Data from the industry showed that the value of debit card spending was up 11.5% during the first half of 2008, while...

  • Merchant Rewards Boost Spending On Credit And Debit Cards: Survey.  // ISO & Agent Weekly;11/26/2008, Vol. 4 Issue 42, p8 

    The article reports on the findings of the new research by merchant-funded card reward programs marketer Vesdia Corp. regarding consumer credit and debit card spending in the U.S. The study suggests that consumers with credit or debit cards featuring rewards programs attached to a merchant...

  • ELECTRONIC PAYMENTS GROW.  // Practical Accountant;Oct2000, Vol. 33 Issue 10, p18 

    Presents a graph showing a growth in electronic payments in the United States. Acceptance of credit cards for estimated tax payments; Direct debit for TeleFile.

  • CONSUMER PLASTIC CONTINUES ITS MARCH. Pegg, Jonathan // Bank Technology News;Apr2005 Supplement, p24 

    Reports that consumers are turning to the use of debit and credit cards for their transactions in the U.S. Declaration of the U.S. Federal Reserve that 2003 was the first year the number of electronic payment transactions exceeded check payments; Disclosure of the payment research firm that...

  • Payment methods for startups in Pakistan. Ayub, Mujtaba // Flare (Pakistan);Nov2014, p21 

    The article talks about the payment methods for online transactions in Pakistan. Topics discussed include the disadvantages of using the Cash on Delivery (COD) method, the limited use of credit and debit cards due to the absence of a universal payment channel like PayPal Inc., and the...

  • Visa Logs 16.8% Volume Hike. Lindenmayer, Isabelle // American Banker;11/30/2005, Vol. 170 Issue 228, p12 

    The article reports that Visa U.S.A. has reported that dollar volume on its network increased 16.8% from a year earlier, indicating that consumers will continue spending at a healthy level through the holiday season. A driving force for holiday spending is e-commerce. Online credit and debit...

  • AND REPORTS Q1 DIP IN TRANSACTIONS.  // CardLine;5/22/2009, Vol. 9 Issue 21, p24 

    The article reports on the merchant transactions of First Data Corp. during the first quarter that ended March 31, 2009. It states that the company processed 5.6 billion domestic merchant transactions in the U.S., 13.8% fewer from the 6.5 billion transactions during the same period in 2008. It...

  • Visa: Debit Passed Credit Online. Lindenmayer, Isabelle // American Banker;7/12/2005, Vol. 170 Issue 132, p9 

    Reports that Visa U.S.A. Inc.'s online debit card transactions outnumbered its online credit card transactions for the first time during the first quarter of 2005. Comments by Nancy Sabol, a vice president with Visa, on how the shift demonstrates that consumers are feeling more secure about...

  • The Status of Consumer Payment Choice.  // Credit Union Executive Newsletter;12/5/2005, Vol. 31 Issue 20, p1 

    The article focuses on various payment choices available to consumers to pay their debts. With, multiple choices available in this regard, the electronic payments are becoming increasingly dominant in the marketplace. Payments are made by the consumers in stores by using cash, checks, credit...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics