Article: Credit Card Shoppers Lead the Charge Online; Online Firms Redefine Traditional Value Proposition of Credit Cards; Credit Card Shoppers Warm to the Idea of Shopping and Applying Online.

Business/Technology Editors

ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 22, 2001

According to a study released today by Gomez Inc., the Internet quality measurement firm, the Internet is profoundly changing the way credit cards are solicited, applied for, managed, billed, and paid. The State of Online Credit Cards 2001 reveals that Internet start-ups are challenging credit card giants to redefine the traditional value proposition of a credit card.

The study also found that consumers are demanding innovative online services, as well as the integration of new credit card technologies, and that success will come to those firms who successfully exploit the ...

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