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View all search resultsUS President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10 percent starting on January 20 but he did not provide details on how his plan will come to fruition or how he planned to make companies comply.
Over the past year, BNPL has moved up to the second spot for preferred payment methods among online consumers while credit cards have dropped, prompting banks to hop on the fintech bandwagon, a new industry report shows.
President Jokowi said that the war in Ukraine with the attendant economic sanctions imposed by the United States could create problems as economic tools, including payment systems, could be used against countries perceived to have any involvement in the conflict.
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