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)

NEW REPORT: Same Day ACH Gets Its First Sequel
NEW REPORT: Same Day ACH Gets Its First Sequel
September 06, 2017  |  Faster Payments

In mid-September, the second phase of the Same Day ACH initiative will roll out across the U.S. faster payments system. But unlike last year’s rollout,...

READ MORE >
Online Purchases Rule The UK Commerce Arena
Online Purchases Rule The UK Commerce Arena
June 20, 2017  |  Payment Methods

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. Worldwide,...

READ MORE >
Android Pay Available In Canada
Android Pay Available In Canada
June 01, 2017  |  Mobile Applications

Interac announced in a press release Wednesday (May 31) the launch of Interac Debit on Android Pay, the mobile payment service by Google, with consumers holding debit...

READ MORE >
Vantiv Processes Most Debit, Credit Transactions In US
Vantiv Processes Most Debit, Credit Transactions In US
March 17, 2017  |  Payment Methods

As it marks its five-year anniversary as a publicly traded company, Vantiv announced in a press release that it now processes more debit and credit...

READ MORE >
New App Current Digitizes The Way Parents Pay Their Child’s Allowance
New App Current Digitizes The Way Parents Pay Their Child’s Allowance
March 08, 2017  |  Mobile Applications

Earning an allowance is a rite of passage for many kids, and a new app will make it easier for parents to pay their child...

READ MORE >
Visa Adjusts Policies On Debit Routing
Visa Adjusts Policies On Debit Routing
November 23, 2016  |  Payment Methods

Visa said Tuesday (Nov. 22) that it is working to modify its debit routing policies, saying that it has “modified and clarified” its rules to...

READ MORE >
Pangea Launches Real-Time Debit-To-Debit Global Transfers
Pangea Launches Real-Time Debit-To-Debit Global Transfers
December 18, 2015  |  International

International money transfer platform Pangea launched its new debit-to-debit transfer product yesterday (Dec. 17). The new offering will allow users to send money via the...

READ MORE >
Guess What? Most Debit Cards Won’t Be ‘Chipped’ By Year End
Guess What? Most Debit Cards Won’t Be ‘Chipped’ By Year End
September 11, 2015  |  News

Though a vast majority of financial institutions in the United States — as much as 90 percent — have begun shipping, or will be shipping,...

READ MORE >