American Express beats profit forecast on robust spending American Express surpassed estimates for second-quarter profit today, fueled by resilient spending from its affluent cardholders. Business • 18 Jul
American Express beats profit forecast on robust spending American Express surpassed estimates for second-quarter profit today, fueled by resilient spending from its affluent cardholders. Business • 18 Jul
EU widens probe into Visa and Mastercard fees EU antitrust regulators have widened their investigation into Visa and Mastercard's fees as they seek feedback from terminal providers and payments companies that could lead to charges of anti-competitive practices, according to a European Commission document seen by Reuters. Business • 26 May
EU widens probe into Visa and Mastercard fees EU antitrust regulators have widened their investigation into Visa and Mastercard's fees as they seek feedback from terminal providers and payments companies that could lead to charges of anti-competitive practices, according to a European Commission document seen by Reuters. Business • 26 May
Visa profit beats estimates as discounts fuel shopping Visa's first-quarter profit has beaten Wall Street estimates, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the Christmas shopping season. Business • 31 Jan
Visa profit beats estimates as discounts fuel shopping Visa's first-quarter profit has beaten Wall Street estimates, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the Christmas shopping season. Business • 31 Jan
30% rise in Christmas debit & credit card spending - BoI Bank of Ireland said it was seeing an increase in spending on its customers' debit and credit cards as the countdown to Christmas is in full swing. Business • 11 Dec 24
30% rise in Christmas debit & credit card spending - BoI Bank of Ireland said it was seeing an increase in spending on its customers' debit and credit cards as the countdown to Christmas is in full swing. Business • 11 Dec 24
400,000 credit card holders still have APRs of over 23% A review by the Central Bank has found that, of the about 1.3 million credit card accounts in Ireland, over 400,000 are on Annual Percentage Rate (APRs) above 23%. Business • 06 Dec 24
400,000 credit card holders still have APRs of over 23% A review by the Central Bank has found that, of the about 1.3 million credit card accounts in Ireland, over 400,000 are on Annual Percentage Rate (APRs) above 23%. Business • 06 Dec 24
Ulster Bank writes off most remaining credit card bills Ulster Bank has told most of its remaining credit card customers here who had outstanding balances that what they owe is being written off. Business • 10 Aug 24
Ulster Bank writes off most remaining credit card bills Ulster Bank has told most of its remaining credit card customers here who had outstanding balances that what they owe is being written off. Business • 10 Aug 24
Mastercard profit up on strong spending by US consumers Mastercard's first-quarter profit jumped on strong card spending as US consumers kept up their splurging habits despite rising borrowing costs and persistent inflation. Business • 01 May 24
Mastercard profit up on strong spending by US consumers Mastercard's first-quarter profit jumped on strong card spending as US consumers kept up their splurging habits despite rising borrowing costs and persistent inflation. Business • 01 May 24
Mastercard, Visa reach $30 billion settlement over fees Visa and Mastercard today reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers through lower prices. Business • 26 Mar 24
Mastercard, Visa reach $30 billion settlement over fees Visa and Mastercard today reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers through lower prices. Business • 26 Mar 24
Card payments up 4.6% to €6.4 billion in October New figures from the Central Bank show that the total value of domestic card payments increased by 4.6% from September to October to reach a total of €6.4 billion. Business • 01 Dec 23
Card payments up 4.6% to €6.4 billion in October New figures from the Central Bank show that the total value of domestic card payments increased by 4.6% from September to October to reach a total of €6.4 billion. Business • 01 Dec 23
Total value of card transactions hit €6.8 billion in H1 New research from the Central Bank reveals that newer payment methods such as contactless card payments and digital mobile wallet card payments now account for an increasing share of total card transactions. Business • 29 Sep 23
Total value of card transactions hit €6.8 billion in H1 New research from the Central Bank reveals that newer payment methods such as contactless card payments and digital mobile wallet card payments now account for an increasing share of total card transactions. Business • 29 Sep 23
Ulster Bank credit cards to cease working from today Ulster Bank will begin deactivating remaining customer credit cards from today, as part of the process of winding down its operations here. Business • 22 Mar 23
Ulster Bank credit cards to cease working from today Ulster Bank will begin deactivating remaining customer credit cards from today, as part of the process of winding down its operations here. Business • 22 Mar 23
Ulster Bank credit cards to cease working on March 22 Ulster Bank is urging its credit card customers to act now if they have not yet begun the process of moving their credit card account to a new provider. Business • 01 Mar 23
Ulster Bank credit cards to cease working on March 22 Ulster Bank is urging its credit card customers to act now if they have not yet begun the process of moving their credit card account to a new provider. Business • 01 Mar 23
Retail sales see biggest monthly fall in nine months Retail sales volumes saw their deepest monthly drop in nine months today, falling 3.1% in September to stand 7% down from the same time a year ago, Central Statistics Office figures showed today. Business • 28 Oct 22
Retail sales see biggest monthly fall in nine months Retail sales volumes saw their deepest monthly drop in nine months today, falling 3.1% in September to stand 7% down from the same time a year ago, Central Statistics Office figures showed today. Business • 28 Oct 22
Debit and credit card spending down again in July Spending on debit and credit cards fell in July for the third month in a row, according to figures published today by the Central Bank. Business • 31 Aug 22
Debit and credit card spending down again in July Spending on debit and credit cards fell in July for the third month in a row, according to figures published today by the Central Bank. Business • 31 Aug 22
Ulster Bank credit card customers get 6 months' notice Ulster Bank is to begin writing to its 75,000 credit card customers next month to give them six months notice to find a new provider if they need one. Business • 09 Aug 22
Ulster Bank credit card customers get 6 months' notice Ulster Bank is to begin writing to its 75,000 credit card customers next month to give them six months notice to find a new provider if they need one. Business • 09 Aug 22
Credit and debit card spending hits new record high The total amount spent on debit and credit cards as well as ATM withdrawals rose by 2% in December to reach €8.4 billion, new Central Bank figures show. Business • 01 Feb 22
Credit and debit card spending hits new record high The total amount spent on debit and credit cards as well as ATM withdrawals rose by 2% in December to reach €8.4 billion, new Central Bank figures show. Business • 01 Feb 22
Consumers lack awareness of credit card interest rates New research suggests that 65% of consumers don't know how their credit card interest is calculated. Business • 26 Jan 22
Consumers lack awareness of credit card interest rates New research suggests that 65% of consumers don't know how their credit card interest is calculated. Business • 26 Jan 22
Retail sales soar by 90% on annual basis in April - CSO The volume of retail sales rose by an historic 90.1% on an annual basis in April, the latest Central Statistics Office show. Business • 28 May 21
Retail sales soar by 90% on annual basis in April - CSO The volume of retail sales rose by an historic 90.1% on an annual basis in April, the latest Central Statistics Office show. Business • 28 May 21
American Express exceeds quarterly profit estimate American Express exceeded its quarterly profit estimates today as it released more than $1 billion worth of funds it had set aside to cover potential coronavirus loan losses. Business • 23 Apr 21
American Express exceeds quarterly profit estimate American Express exceeded its quarterly profit estimates today as it released more than $1 billion worth of funds it had set aside to cover potential coronavirus loan losses. Business • 23 Apr 21
Monthly debit and credit card spending up 3% New figures from the Central Bank show that total credit and debit card spending, including ATM withdrawals, reached €5.3 billion in February. Business • 31 Mar 21
Monthly debit and credit card spending up 3% New figures from the Central Bank show that total credit and debit card spending, including ATM withdrawals, reached €5.3 billion in February. Business • 31 Mar 21
E-commerce spending reaches record high in November Spending in the economy recovered in November and a new record for e-commerce was reached, according to new figures from the Central Bank. Business • 06 Jan 21
E-commerce spending reaches record high in November Spending in the economy recovered in November and a new record for e-commerce was reached, according to new figures from the Central Bank. Business • 06 Jan 21
Transport, accommodation spending see biggest ever drop New figures from the Central Bank show that the total value of card transactions (including ATM transactions) decreased by 35% in April - the biggest annual decline recorded since the series began. Business • 28 May 20
Transport, accommodation spending see biggest ever drop New figures from the Central Bank show that the total value of card transactions (including ATM transactions) decreased by 35% in April - the biggest annual decline recorded since the series began. Business • 28 May 20
Survey finds credit card cost awareness is low A new survey has laid bare a lack of awareness among credit card users about the cost of using their cards. Business • 31 Jan 20
Survey finds credit card cost awareness is low A new survey has laid bare a lack of awareness among credit card users about the cost of using their cards. Business • 31 Jan 20
Visa, Mastercard could be the next $1 trillion firms Technology and internet titans were the first to reach $1 trillion in stock market value, but the next US companies that could do so are better known for their plastic. Business • 31 Jan 20
Visa, Mastercard could be the next $1 trillion firms Technology and internet titans were the first to reach $1 trillion in stock market value, but the next US companies that could do so are better known for their plastic. Business • 31 Jan 20
UK consumers banned from using credit cards to gamble The UK's 24 million adult gamblers will not be able to use credit cards to gamble under a new rule designed to prevent consumers from building up too much debt. Business • 14 Jan 20
UK consumers banned from using credit cards to gamble The UK's 24 million adult gamblers will not be able to use credit cards to gamble under a new rule designed to prevent consumers from building up too much debt. Business • 14 Jan 20
