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

Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
December 16, 2020  |  ANTITRUST

According to Mexican regulators, the two companies in charge of the country’s credit and debit settlements represent “a near monopoly,” and big businesses need to...

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Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects i2c To Power Private Banking Services
Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects...
December 16, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc....

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Visa, Access Bank Partner On SMB Cards In Nigeria
Visa, Access Bank Partner On SMB Cards In Nigeria
December 14, 2020  |  B2B Payments

Visa will be working with Access Bank on a new debit card for small- to medium-sized businesses (SMBs) in Nigeria, according to a Vanguard Media...

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Afterpay Co-Founder & Co-CEO: Buy Now, Pay Later Is In Right Place, Right Time
Afterpay Co-Founder & Co-CEO: Buy Now, Pay Later Is In Right Place, Right Time
December 14, 2020  |  Payment Methods

For a 6-year-old Australian startup that’s only been doing business in the U.S. for two years, Afterpay — with its buy now, pay later (BNPL)...

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Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
December 10, 2020  |  Payments Innovation

Verizon Business customers will now be able to utilize Fiserv’s Clover Flex point-of-sale devices to conduct touchless payments, in addition to Fiserv merchant services such...

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Blackhawk, Mastercard Roll Out Charitable Prepaid Collection
Blackhawk, Mastercard Roll Out Charitable Prepaid Collection
December 08, 2020  |  Mastercard

Blackhawk Network, a global branded payments provider, has rolled out its Giving Good Prepaid Mastercard with a release that encompasses five choices that benefit charitable...

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Debit and Credit Usage Stage Friendly Battle For Holiday Spend
Debit and Credit Usage Stage Friendly Battle For Holiday Spend
December 03, 2020  |  Retail

After the year we’ve seen so far, uncertainty is probably just about the last thing the retail segment wants as a holiday present for 2020....

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Virtual Debit Cards Secure Transactions And Ease Minds
Virtual Debit Cards Secure Transactions And Ease Minds
December 02, 2020  |  Security & Fraud

As entire industry sectors wage fierce cyber-battle against internet crooks, consumers continue to be victimized by these criminals, and it’s making them extremely nervous about...

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Visa: Online Spend Up 27 Pct In November, Instore, Credit Spend Cools
Visa: Online Spend Up 27 Pct In November, Instore, Credit Spend Cools
December 01, 2020  |  VISA

Visa saw more growth in payments in November, including a 27 percent spike in online payments, a filing from the U.S. Securities and Exchange Commission...

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