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

Today in Food Commerce: Restaurants, Grocers Leverage Technology to Take on Inflation
Today in Food Commerce: Restaurants, Grocers Leverage Technology to Take on Inflation
March 21, 2022  |  Commerce

Today in food commerce, American Express gives grants to historic restaurants, and PYMNTS data reveal how consumers payment habits shift as they begin spending more...

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Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
March 21, 2022  |  Payment Methods

When it comes to restaurant spending, consumers are opting to use credit cards when they spring for a premium meal but sticking with debit when...

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New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
March 10, 2022  |  Digital-First Banking

“Payments fraud isn’t localized to just one industry or one business — it’s widespread and pervasive. The fraudsters are only getting more creative,” Paramita Bhattacharjee,...

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AmEx Launches First All-Digital Checking Account
AmEx Launches First All-Digital Checking Account
February 08, 2022  |  Digital-First Banking

American Express has launched its first all-digital consumer checking account, available for eligible consumer card members in the U.S. Rolled out Tuesday (Feb. 8), American...

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With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
February 07, 2022  |  Cryptocurrency

The fast-growing U.S. crypto debit card market has a new entrant in Wirex, a U.K.-based digital payments platform that claims the first such cryptocurrency-based payments...

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Gen Z Consumers Love Their Debit Cards…For Now
Gen Z Consumers Love Their Debit Cards…For Now
February 04, 2022  |  Mobile Payments

While debit cards might be the preferred in-person payment method for members of Generation Z, don’t expect this trend to last. A recent report from...

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Newt to Launch Credit, Debit Cards With Element Bank
Newt to Launch Credit, Debit Cards With Element Bank
February 01, 2022  |  Credit Cards

Digital payments platform Newt Corporation has inked an agreement with Element Bank to issue branded credit and debit cards in Mexico, the company announced Tuesday...

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Waning Consumer Sentiment May Give Tailwinds for Debit, BNPL Spending
Waning Consumer Sentiment May Give Tailwinds for Debit, BNPL Spending
February 01, 2022  |  Consumer Insights

Perception, as they say, is everything. That’s especially true when it comes to consumer spending, where individuals can pivot between payment choices depending on how...

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Currensea on Offering the Ability to Decouple From Banks While Giving Back
Currensea on Offering the Ability to Decouple From Banks While Giving Back
January 28, 2022  |  Next-Gen Debit

For frequent travelers, the money they sink into seemingly endless foreign exchange (FX) fees could be better spent going to charity. In the Next-Gen Debit...

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