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

Mastercard Pledges to Use All Recycled Cards by 2028
Mastercard Pledges to Use All Recycled Cards by 2028
April 05, 2023  |  Mastercard

Mastercard says its days of using new plastic to make cards is near an end. The company announced in a Wednesday (April 5) press release...

READ MORE >
Neo Financial Debuts ‘Debit Alternative’ Neo Money Card
Neo Financial Debuts ‘Debit Alternative’ Neo Money Card
March 30, 2023  |  Payment Methods

Canadian FinTech Neo Financial has debuted what it calls a debit card alternative. The Neo Money card, announced Thursday (March 30), is designed to help...

READ MORE >
UAE Central Bank Approves Direct Debit System Marketplace Launch
UAE Central Bank Approves Direct Debit System Marketplace Launch
March 17, 2023  |  Payment Methods

Residents and citizens of the United Arab Emirates (UAE) can now use a paperless direct debit marketplace. The UAE Central Bank has approved the launch...

READ MORE >
Tech Credit Union Taps PSCU for Innovative Debit Card Solutions
Tech Credit Union Taps PSCU for Innovative Debit Card Solutions
March 09, 2023  |  Credit Unions

Tech Credit Union (Tech CU) has tapped PSCU to provide debit card processing support. The 11-branch, Indiana-based credit union selected the credit union service organization...

READ MORE >
Dubai Looks to End Reliance on Check-Based Rent Payments
Dubai Looks to End Reliance on Check-Based Rent Payments
February 03, 2023  |  Payment Methods

After dominating the Dubai rental landscape for years, checks may be on their way out. The Dubai Land Department (DLD) recently announced that it has...

READ MORE >
CE 100 Index Gains 5.3% as BNPL, Amex Lead the Charge  
CE 100 Index Gains 5.3% as BNPL, Amex Lead the Charge  
January 30, 2023  |  Connected Economy

Earnings season has taught us that the death of consumer spending has been greatly exaggerated.   Much depends on where you look, of course.   December’s latest...

READ MORE >
Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
January 23, 2023  |  Payment Methods

The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.”   PayPal may prove to be a...

READ MORE >
Clik2pay Enables Shopify Online Merchants to Accept Debit Payments
Clik2pay Enables Shopify Online Merchants to Accept Debit Payments
January 17, 2023  |  Retail

Clik2pay now enables Shopify online merchants to accept payments directly from Canadian customers’ bank accounts. This direct-from-account payment option gives Canadian consumers the choice of...

READ MORE >
Bank of America’s Digital Sales up 22% as Mobile Users Surge
Bank of America’s Digital Sales up 22% as Mobile Users Surge
January 13, 2023  |  Earnings

For Bank of America, the great digital shift is very much in evidence. The company’s latest quarterly results showed that digital “sales” made through the...

READ MORE >