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

How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
How Consumers Pay for the Half-Trillion Dollars They Spend Every Month
December 06, 2021  |  Consumer Finance

Consumers in the United States spend a collective $555 billion each month buying groceries, food, retail products and travel-related purchases — and the way they...

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23 New York City Restaurants Under Fire for Refusing to Take Cash
23 New York City Restaurants Under Fire for Refusing to Take Cash
December 05, 2021  |  Cash

New York City has leveled tens of thousands of dollars in fines so far on businesses not taking payments in cash, a New York Post...

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CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
December 03, 2021  |  CFPB

Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without...

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Amex, FinTech Opy Team on ‘Buy Now, Pay Smarter’ for Members, POS Merchant Option
Amex, FinTech Opy Team on ‘Buy Now, Pay Smarter’ for Members, POS Merchant Option
December 02, 2021  |  Buy Now Pay Later

Openpay, the diversified payment and POS lending FinTech, has teamed with American Express to help offer more access to lending and payments for bigger purchases,...

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Consumers Opted to Pay for Black Friday Purchases With Debit, Cash on Hand
Consumers Opted to Pay for Black Friday Purchases With Debit, Cash on Hand
November 29, 2021  |  Payment Methods

Black Friday has come and gone, and most people are likely immersed in Cyber Monday deals. But data gleaned over Black Friday’s in-store and online...

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Visa Says Indian Government Favors Domestic Payments Company RuPay
Visa Says Indian Government Favors Domestic Payments Company RuPay
November 28, 2021  |  Payment Methods

Visa has raised concerns with the U.S. Trade Representative (USTR) about India favoring the domestic payments card provider RuPay, three years after Mastercard did so privately in 2018, Reuters reported Sunday...

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In Time-Honored Tradition, Consumers Reach for Debit, Credit Cards to Pay for Thanksgiving Dinner
In Time-Honored Tradition, Consumers Reach for Debit, Credit Cards to Pay for Thanksgiving Dinner
November 25, 2021  |  Payment Methods

The past several weeks have seen countless reports about the challenges that would give a cockeyed optimist momentary pause before giving thanks: supply chain issues...

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Buy Now, Pay Later Debit Cards Shift Share of Consumer Spend From Banks
Buy Now, Pay Later Debit Cards Shift Share of Consumer Spend From Banks
November 24, 2021  |  Buy Now Pay Later

Buy now, pay later (BNPL) firms are putting their cards on the table – literally. In recent weeks, tapping into the continued rise of debit...

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Visa-Amazon UK Spat Puts Interchange Rates Back in the Spotlight
Visa-Amazon UK Spat Puts Interchange Rates Back in the Spotlight
November 18, 2021  |  Credit Cards

Some battles seem eternal, destined to be waged again and again — in some cases with predictable outcomes. Within payments, and within commerce in general,...

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