Online credit card spending soars in UK

Online credit card spending in Britain has soared five-fold during the past four years, figures showed.

Online credit card spending soars in UK
Fri, 06 Aug, 2004 - 08:49

Online credit card spending in Britain has soared five-fold during the past four years, figures showed.

The Association of Payment Clearing Services said one in 10 credit card transactions took place online during the second half of 2003, up from just one in 50 in 1999.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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