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

Deep Dive: How Billers Can Offer More Compelling Automatic Payment Experiences
Deep Dive: How Billers Can Offer More Compelling Automatic Payment Experiences
February 19, 2021  |  Next-Gen Debit

Winning over new customers is often a costly endeavor for merchants, and those that have gone through this effort often want to extend their customer relationships for as long as...

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Consumer Spending Shifts From What They Could Spend To What They Can Spend
Consumer Spending Shifts From What They Could Spend To What They Can Spend
February 19, 2021  |  Consumer Finance

If there was one certainty that was the hallmark of the consumer’s propensity to spend, it was uncertainty. As the pandemic hit our shores with...

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OneSource Virtual Debuts Access To Wages By Payroll Card
OneSource Virtual Debuts Access To Wages By Payroll Card
February 18, 2021  |  B2B Payments

OneSource Virtual (OSV) is now providing employees with round-the-clock immediate access to their wages with the help of a payroll card, which is enabled by...

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How Automatic Debit Billing Can Power Predictable Cash Flows For Utilities Companies
How Automatic Debit Billing Can Power Predictable Cash Flows For Utilities Companies
February 18, 2021  |  Next-Gen Debit

Delays in paying utility bills impact access to basic services for consumers and create cash flow issues for utility providers. In the latest Next-Gen Debit...

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Deep Dive: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
Deep Dive: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
February 18, 2021  |  Consumer Payments

The pandemic has markedly accelerated the move to online shopping, with a PYMNTS report indicating that 47 percent of U.S. consumers living in urban areas...

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Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
February 17, 2021  |  Consumer Payments

From QR codes to contactless cards, consumers want access to fast and seamless payment experiences. Merchants, however, can be left waiting days for funds to...

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Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow
Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow
February 17, 2021  |  Next-Gen Debit

Streaming services are helping many families stay entertained during the pandemic, but managing the monthly payments for these offerings — as well as recurring bills...

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Marqeta Files With SEC, Could IPO In April
Marqeta Files With SEC, Could IPO In April
February 16, 2021  |  IPO

Marqeta, the U.S.-based payment card issuing startup, has filed confidentially for an initial public offering (IPO) with the Securities and Exchanges Commission (SEC), a Reuters...

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Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
February 16, 2021  |  Security & Fraud

One of the more unfortunate consequences of the great digital shift for merchants — particularly small ones — has been a surge in fraud and...

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