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

Why Lifecycle Management Matters When Fighting Payments Fraud
Why Lifecycle Management Matters When Fighting Payments Fraud
December 07, 2023  |  Security & Fraud

Brian Holbrook, director of product strategy at LSEG Risk Intelligence, told PYMNTS in an interview that financial institutions (FIs) are going to have to gird...

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Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
December 06, 2023  |  Social Commerce

Social media platforms like Facebook, Instagram and TikTok have revolutionized the way consumers shop and interact with brands, with each channel meeting different consumer interests...

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PSCU to Provide Card Processing Services to NorState Federal Credit Union
PSCU to Provide Card Processing Services to NorState Federal Credit Union
December 05, 2023  |  Credit Unions

Maine-based NorState Federal Credit Union will receive debit and credit card processing services and support from credit union service organization (CUSO) PSCU. PSCU will provide...

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4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
November 20, 2023  |  Consumer Finance

Consumers are a resourceful lot and will do what they must to make ends meet, even if it means splitting up the weekly grocery bill...

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Half of Subscription Cancellations Are Due to Failed Card Payments
Half of Subscription Cancellations Are Due to Failed Card Payments
November 17, 2023  |  Subscriptions

Failed payments have an impact on customer churn in the subscription business industry. Among all possible causes, declined card payments account for 50% of all...

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Judge Investigates ‘Suspicious’ Settlement Website Related to Visa, Mastercard Case
Judge Investigates ‘Suspicious’ Settlement Website Related to Visa, Mastercard Case
November 13, 2023  |  Legal

Class-action settlements often involve websites with information for the class members. But in the case of a multibillion-dollar class action lawsuit against Visa and Mastercard,...

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DoorDash Enables HSA and FSA Payments on Eligible Items
DoorDash Enables HSA and FSA Payments on Eligible Items
November 08, 2023  |  Payment Methods

DoorDash now enables customers to use their health savings accounts and flexible spending accounts to pay for eligible items at select merchants. Beginning Wednesday (Nov....

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FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
November 07, 2023  |  Earnings

Payments firm FIS released third-quarter results on Tuesday (Nov. 7) that pointed to widespread recurring and organic revenue growth, and a continued shift by banks...

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Retailers Plan to Up Use of Instant B2B Payments
Retailers Plan to Up Use of Instant B2B Payments
November 06, 2023  |  Faster Payments

In an environment with high interest rates and the expansion of instant payment systems, retailers are shifting their payment preferences by leaving traditional methods and...

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