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

CompoSecure: Issuers Adopt Metal Payment Cards to Attract Premium Customers
CompoSecure: Issuers Adopt Metal Payment Cards to Attract Premium Customers
August 08, 2024  |  Earnings

There is strong demand for metal payment cards as issuers work to attract and retain premium card customers, CompoSecure said Wednesday (Aug. 7). The provider...

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New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
July 31, 2024  |  Earnings

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its...

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Marqeta Teams With Visa to Offer Flexible Checkout Options
Marqeta Teams With Visa to Offer Flexible Checkout Options
July 25, 2024  |  Partnerships

Card issuing platform Marqeta has launched a partnership with Visa and Affirm. The collaboration, announced Thursday (July 25), makes Marqeta the first U.S. processor to enable Visa Flexible Credential, a card offering...

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Credit Card Retail Payments Fall by 18% Amid Budget Pressures
Credit Card Retail Payments Fall by 18% Amid Budget Pressures
July 16, 2024  |  Credit Cards

As consumers continue to face financial pressures, many are shifting away from credit payments for retail purchases, instead playing it safe with debit. By the...

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Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
July 16, 2024  |  Earnings

For Bank of America, digital channels have represented avenues of continued growth, making inroads with credit card spending in particular. According to management, there’s still...

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How the World Does Digital: Italy Posts Solid Scores In Online Shopping
How the World Does Digital: Italy Posts Solid Scores In Online Shopping
July 12, 2024  |  Connected Economy

While the Colosseum evokes gladiatorial battles, and Michelangelo’s Sistine Chapel frescoes hold timeless beauty, modern Italy is embracing the digital age. Today’s Italians are increasingly...

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Discover Unveils Overdraft Protection for Debit Card Customers
Discover Unveils Overdraft Protection for Debit Card Customers
July 08, 2024  |  Next-Gen Debit

Discover debuted a new overdraft protection tool for its debit card customers. Balance+ offers fee-free discretionary overdraft coverage for day-to-day debit card transactions, according to...

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New Digital Wealth Advisor Evergreen Money Launches High-Yield Checking Account
New Digital Wealth Advisor Evergreen Money Launches High-Yield Checking Account
June 25, 2024  |  Digital Banking

Evergreen Money introduced a high-yield checking account that offers the functionality of a traditional checking account. Deposits in the new Liquid Treasuries account are automatically...

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Retailers See 78% Boost From Low-Income Shoppers’ Use of Credit
Retailers See 78% Boost From Low-Income Shoppers’ Use of Credit
June 24, 2024  |  Retail

As financially unstable consumers seek ways to afford to shop, credit is enabling them to make higher-value purchases, and retailers are seeing the benefit. The...

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