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

To Boost Merchant Offerings payabl Debuts Omnichannel POS Tool
To Boost Merchant Offerings payabl Debuts Omnichannel POS Tool
June 13, 2023  |  Payment Methods

Payment technology firm payabl. has debuted a point-of-sale solution that lets merchants accept online and offline purchases from one terminal. The tool will first launch...

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Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
May 22, 2023  |  Fraud Prevention

When half of merchants report wrestling with their most costly and contentious problem, it demands attention. Chargebacks are just such an issue and one that...

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Affirm Sees ‘Tepid’ Demand for Discretionary Goods
Affirm Sees ‘Tepid’ Demand for Discretionary Goods
May 09, 2023  |  Earnings

Affirm Holdings’ latest quarterly results showed double-digit gains in gross merchandise value (GMV), but a pullback in consumer spending in some categories and higher funding...

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Stripe and WhatsApp Enable Payments in Chats in Singapore
Stripe and WhatsApp Enable Payments in Chats in Singapore
May 09, 2023  |  Partnerships

Stripe and WhatsApp have partnered to enable Singapore businesses to accept payments in WhatsApp chats. With Stripe Connect and Stripe Checkout integrated into WhatsApp, Singapore...

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Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
May 05, 2023  |  Mobile Payments

Block, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center. A...

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Item-Level Data Helps Banks Stay Top of Wallet
Item-Level Data Helps Banks Stay Top of Wallet
May 04, 2023  |  Loyalty & Rewards

At the intersection of digital channels and inflationary pressures, consumers are demanding more value from merchants. And it’s not all about price. Banyan CEO Jehan...

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Bank of America Sees Slowing Credit and Debit Card Spend
Bank of America Sees Slowing Credit and Debit Card Spend
April 12, 2023  |  Economy

Household credit and debit card spending increased 0.1% in March compared to a year earlier. That is the slowest pace of card spending growth seen...

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38% of Consumers Used Debit for Their Last In-Store Purchase; Just 23% Did So Online
38% of Consumers Used Debit for Their Last In-Store Purchase; Just 23% Did So Online
April 06, 2023  |  Consumer Payments

Payment card preferences continue to align with earnings, determining which kind of plastic millions of consumers reach for when making retail purchases. PYMNTS explored the...

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CardX Lets Mastercard Users ‘Click-to-Pay’
CardX Lets Mastercard Users ‘Click-to-Pay’
April 05, 2023  |  Credit Cards

Surcharge compliance firm CardX has added Mastercard’s Click to Pay to its payment platform. The feature is now available for all card-not-present merchants using CardX’s...

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