debit

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Source: en.wikipedia.org

52% of Consumers Used Stored Debit Credentials for Recent Online Purchases
52% of Consumers Used Stored Debit Credentials for Recent Online Purchases
December 02, 2022  |  Consumer Insights

Stored payment credentials are rapidly overtaking manual entry for eCommerce purchases. We see the trend clearly in data from a survey of over 2,100 U.S....

READ MORE >
Green FinTech TreeCard Raises $23M
Green FinTech TreeCard Raises $23M
November 30, 2022  |  Investments

Environmentally conscious money app TreeCard is $23 million richer following a Series A funding round. According to published reports Wednesday (Nov. 30), the British company...

READ MORE >
Patience and Cash-Like Payment Options Lead Peak Shopping Season
Patience and Cash-Like Payment Options Lead Peak Shopping Season
November 29, 2022  |  Retail

Cash equivalents came on strong in the closely watched Cyber Five weekend that ended Monday (Nov. 28). Faced with staggering inflation that pushed paycheck-to-paycheck households...

READ MORE >
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
November 18, 2022  |  Fraud Prevention

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants...

READ MORE >
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
November 17, 2022  |  Consumer Finance

With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...

READ MORE >
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
November 16, 2022  |  Security & Fraud

Last month, biometric payment cards that incorporate fingerprint scanners received a significant boost thanks to the publication of new specifications by EMVCo, the global card standards-setting body...

READ MORE >
Visa Ends FTX Debit Card Deal After ‘Unfortunate’ Developments
Visa Ends FTX Debit Card Deal After ‘Unfortunate’ Developments
November 14, 2022  |  Partnerships

The ongoing fallout from cryptocurrency exchange FTX’s failure now reportedly includes the end of the company’s month-old debit card partnership with Visa. “The situation with...

READ MORE >
Mastercard: Instant Push to Debit Near-Universal Payouts Choice for Gig Workers and Gamers
Mastercard: Instant Push to Debit Near-Universal Payouts Choice for Gig Workers and Gamers
October 28, 2022  |  Payment Methods

Whether it’s instant payments or real-time payments, either way it’s where disbursements seem to be headed, between the demand generated by gig workers and the...

READ MORE >
Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground
Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground
October 25, 2022  |  Earnings

Three years into the pandemic, and Visa’s Tap to Pay continues its steady march, with real-time payments and faster payouts — through Visa Direct —...

READ MORE >