The credit card bill passed this year was supposed to take full effect in Feb 2010. This bill has 3 main impact areas:

1) General regulation regarding billing, interest rates, etc…

2) Specific to those 21 years old or younger

3) Gift card management

The credit card bill provisions have some serious implications for eTailers, especially those whose demographics focus on those 21 years old and younger, as well as those eTailers who issue credit and those who issue gift cards. The impact of the credit card bill on eTailers was discussed in detail on a webinar conducted by Sucharita Mulpuru of … Continue Reading