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

JPMorgan Earnings Show Debit and Credit Card Sales Volume Up 26%
JPMorgan Earnings Show Debit and Credit Card Sales Volume Up 26%
October 13, 2021  |  Earnings

In the kickoff to earnings season, banking giant JPMorgan Chase posted third-quarter results that bested the Street’s expectations, underpinned by growth in credit card and...

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Why Debit Use Is Soaring in the Restaurant and Hospitality Sector
Why Debit Use Is Soaring in the Restaurant and Hospitality Sector
October 12, 2021  |  Next-Gen Debit

The pandemic not only forced the closure of restaurants in March 2020 but also effectively shut down the use of cash. Eight percent of U.S....

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Chipotle Mexican Grill on the Increased Access to Debit and Digital Payments Opportunity
Chipotle Mexican Grill on the Increased Access to Debit and Digital Payments Opportunity
October 11, 2021  |  Next-Gen Debit

For restaurants, innovating the debit payment experience is not just an opportunity, it’s becoming a necessity. In the Next-Gen Debit Payments Tracker, Nicole West, vice...

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Chipotle on the Debit and Digital Ordering Opportunity
Chipotle on the Debit and Digital Ordering Opportunity
October 08, 2021  |  Next-Gen Debit

The nation’s love affair with credit cards appears to be fading as the share of debit card use rises. One study found that debit-backed transactions...

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COTI Teams with Simplex for Banking, Visa Debit Cards on Cardano Blockchain
COTI Teams with Simplex for Banking, Visa Debit Cards on Cardano Blockchain
October 05, 2021  |  Blockchain

Enterprise-grade digital FinTech platform COTI is partnering with payment processing gateway Simplex to offer bank accounts and Visa debit cards on the Cardano blockchain, according...

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Flex by Finaxar Helps SMBs With Spending Controls
Flex by Finaxar Helps SMBs With Spending Controls
October 01, 2021  |  B2B Payments

Small and medium-sized businesses (SMBs) can now issue Flex Visa Debit cards to their employees to better regulate business expenditures using Singapore-based FinTech platform Finaxar...

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Account-to-Account Transactions Leapt 60% in 2020
Account-to-Account Transactions Leapt 60% in 2020
October 01, 2021  |  Payment Methods

When consumers were forced to migrate from physical to digital commerce in the first months of the pandemic, account-to-account (A2A) money transfers soared. In fact,...

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Churn-Driving Payment Declines Are Subscription Providers’ Top Threat
Churn-Driving Payment Declines Are Subscription Providers’ Top Threat
September 29, 2021  |  Subscriptions

  Subscription services grew in popularity during the past two years as consumers looked to expand their entertainment options. Because so many subscriptions payments are...

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Deep Dive: Why Debit Is Driving the A2A Payments Expansion
Deep Dive: Why Debit Is Driving the A2A Payments Expansion
September 27, 2021  |  Next-Gen Debit

The pandemic fueled an unprecedented increase in debit spending in 2020, according to a study. Closures, stay-at-home mandates and reduced store hours led consumers to...

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