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

Next-Gen Debit Steps Up
Next-Gen Debit Steps Up
May 01, 2020  |  Next-Gen Debit

Among the fascinating findings in PYMNTS’ ongoing surveys of Main Street SMBs during the pandemic is this: A majority of small businesses that did not...

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Deep Dive: How FIs, Customers Are Navigating The Coronavirus-Inspired Spike In Digital Banking Demand
Deep Dive: How FIs, Customers Are Navigating The Coronavirus-Inspired Spike In Digital Banking Demand
April 30, 2020  |  Next-Gen Debit

The coronavirus pandemic has consumers around the world turning to digital devices to access banking services. The new surge in demand is putting financial institutions’...

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Q1 Mastercard Earnings: Worldwide Debit, Prepaid GDV Grow 9.5 Pct
Q1 Mastercard Earnings: Worldwide Debit, Prepaid GDV Grow 9.5 Pct
April 29, 2020  |  Earnings

Mastercard posted results that showed a steep falloff in transactions and cross-border volumes, as measured year over year, as the quarter progressed and the coronavirus...

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When Consumers Are Remote, Banks And Credit Unions Come To Them
When Consumers Are Remote, Banks And Credit Unions Come To Them
April 29, 2020  |  Next-Gen Debit

Consumers facing job insecurity and COVID-19 stay-at-home orders are rethinking when and how they make payments, and FIs must respond. David Vélez, founder and CEO...

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In Brazil, Banking Customers Turn To Debit, Digital Banking
In Brazil, Banking Customers Turn To Debit, Digital Banking
April 28, 2020  |  Next-Gen Debit

The coronavirus pandemic has left consumers staying home when possible to stop the virus’s spread. It has also made them wary of taking on debt...

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CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says
CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says
April 21, 2020  |  Credit Unions

Credit union service organization PSCU has updated its weekly transaction analysis from Owner credit union members to reflect the impact of the coronavirus, finding that...

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A Critical Look At Debit Routing
A Critical Look At Debit Routing
April 02, 2020  |  Payment Methods

Debit has never been more popular with U.S. consumers, who made almost 73 billion non-prepaid debit card transactions in 2018 – and the final 2019...

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Why Next-Gen Grocery Shopping Could Be Checkout-Free
Why Next-Gen Grocery Shopping Could Be Checkout-Free
March 31, 2020  |  Next-Gen Debit

Long checkout lines during peak hours result in nearly 11 percent of supermarket customers abandoning purchases. In this month’s Next-Gen Debit Tracker, Chief Business Officer...

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HSBC On How Banking APIs Help Businesses Pay Faster, Invest Better
HSBC On How Banking APIs Help Businesses Pay Faster, Invest Better
March 05, 2020  |  API

B2B application programming interfaces (APIs) aren’t just for large enterprises anymore — middle-market firms and SMBs now realize their potential for enabling low-cost access to...

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