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

New Study: Consumers Would Rather Tap Their Cards Than Wave Their Wallets
New Study: Consumers Would Rather Tap Their Cards Than Wave Their Wallets
September 01, 2021  |  Payment Methods

As more cardholders use contactless technology, new PYMNTS data show that fewer are using mobile wallets. The reason given by most consumers is convenience. In the competition between consumer payment methods,...

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DOJ Says Alleged Payment Processing Scam Bilked $150M
DOJ Says Alleged Payment Processing Scam Bilked $150M
August 26, 2021  |  Security & Fraud

Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice...

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B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
August 26, 2021  |  B2B Payments

Embedded financial services platform HUBUC, a Software-as-a-Service B2B company, announced on Thursday (Aug. 26) that it has joined forces with Transact Payments to offer physical...

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Aspiration Aims To Go Public Before Year-End Via SPAC Merger
Aspiration Aims To Go Public Before Year-End Via SPAC Merger
August 19, 2021  |  Financial Inclusion

Green FinTech company Aspiration Partners Inc. on Wednesday (Aug. 18) announced a planned special purpose acquisition company (SPAC) merger with InterPrivate III Financial Partners Inc.,...

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Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
August 13, 2021  |  Regulation

The deadline has passed — and what looms now is whether or not the way debit transactions are done, particularly online, will change. As noted...

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Perks And Rewards Push Debit Card Usage, Loyalty Higher
Perks And Rewards Push Debit Card Usage, Loyalty Higher
August 10, 2021  |  Next-Gen Debit

Debit cards have proven to be the most popular payment method among United States consumers, especially within the last year as they sought to improve...

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Arizona’s Unemployment Benefits, Child Support To Be Paid On Comerica Way2Go Mastercards
Arizona’s Unemployment Benefits, Child Support To Be Paid On Comerica Way2Go Mastercards
August 09, 2021  |  Mastercard

The State of Arizona will be using a new provider for electronic payment cards (EPCs) for unemployment insurance and child support payments, a press release...

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Fiskl Teams With GoCardless To Advance SMB Global Direct Debit Payments
Fiskl Teams With GoCardless To Advance SMB Global Direct Debit Payments
August 05, 2021  |  B2B Payments

Mobile-first accounting startup Fiskl is collaborating with account-to-account payments firm GoCardless to offer business customers direct debit payments.  GoCardless is aiming to lower the number...

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4Front Credit Union Taps PSCU For Debit, Credit, Contact Center Support
4Front Credit Union Taps PSCU For Debit, Credit, Contact Center Support
August 03, 2021  |  Credit Unions

Payments credit union service organization (CUSO) PSCU announced Tuesday (Aug. 3) that 4Front Credit Union (4Front) had joined its cooperative for credit and debit card...

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