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Credit card use gaining momentum

wls
By ABC7
Monday, December 5, 2011

Payments made with credit cards on the day after thanksgiving increased more than 7 percent. First data processes card transactions for millions of businesses. It says overall credit card purchases were up 9 percent in the second quarter of this year and more than 10.5 percent in the third quarter.

Credit card companies are also offering cards with more perks and rewards.

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