Consumers Giving Back Presents Before Christmas Even Arrives
Customers in the UK will return £813 million worth of Christmas presents before the big day even arrives, the Post Office has claimed. In most cases it is because people decide they no longer want to give these items as gifts and instead decide to return them. The Post Office has revealed it is expecting […]
Over 50s Embracing Modern Payment Methods
Over 50s are leading the way when it comes to embracing modern payment methods, according to the latest figures. Research conducted by Saga Personal Finance shows that while 60% of over 50s regularly pay by credit card, this figure is a lower 38% for 18-49 year olds. Over 50s are also waving goodbye to their […]
Consumer Rights Changes to Enhance Online Shopping Experience
Changes to consumer rights legislation could soon alter customer experiences for the better. Those who love online shopping or ordering items over the phone could soon have more time to return products if they’re not happy with them. From today (Friday 13 June), any items not purchased directly in a store will come under a […]
Cash Is Out…..and Cards Are In!
Brits are increasingly turning to the use of contactless payments and self-service to pay for goods and services, according to new data. The use of cash for these purchases it at its lowest ever level according to the British Retail Consortium, with debit cards accounting for 49.6% of sales by value. Cash use, meanwhile, has […]
Choosing Between The Plastics – What You Need to Know
There is no longer a need to use cash for every transaction – now there are debit, credit and prepaid options, but how do you choose between them? The plastic options provide a different approach to money, increasing the ease at which it can be managed and transferred. Choice is a great thing for many […]
Alternatives to Paying Household Bills on Credit
One in five people are paying their household bills using credit cards, according to a recent poll looking into consumer habits. Those doing so are adding surcharges and potential interest charges to their bills, meaning a number of households are paying even more for their energy. Some 21% revealed that they used this method of […]
Understanding the Dangers of Credit Card Data Leaks
After a set of high profile credit card data leaks, concerns were raised that further releases could reveal an even greater amount of information. So far, Anonymous Ukraine – an anti-American hacktivist group – is reportedly responsible for the leaking of more than seven million sets of credit card details. The first data release saw […]
Where is the Credit Card Rejection Capital of the UK?
As the country recovers from the financial crisis, more and more people are considering credit as an option. Unfortunately though, a whopping 61% of those applying for cards in the last year were turned down, according to a study by TotallyMoney. That represents an increase of 2% on the previous year, although there is considerable […]
Prepaid Solutions for that Online Shopping Obsession!
Given that most retailers and businesses have transferred their businesses to an online platform, it is now easier than ever to purchase goods online. From groceries and everyday items to high-end luxury goods such as TVs and fridge-freezers, it appears that you can now buy virtually anything on the net. While there are undoubtedly many […]
Fraud Warnings as US Scam on Route to UK
Consumers with credit and debit cards across the UK have been warned to be on their guard against a scam that has struck repeatedly across America. It is believed that the £5.95 credit card scam could be set for British shores and now a major US consumer protection group is urging everyone to be careful. […]