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

NACHA ACH Payments Volume Tops 2 Billion
NACHA ACH Payments Volume Tops 2 Billion
September 14, 2018  |  Payment Methods

ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. NACHA — The Electronic Payments Association said...

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Want To Reach Millennials? Embrace Digital Creativity
Want To Reach Millennials? Embrace Digital Creativity
September 11, 2018  |  Loyalty & Rewards

Is there a secret sauce for merchants to capture the evolving millennial? Those are the young consumers who are not that young anymore, and moving...

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Coming Soon: Same Day ACH Phase 2 – Debits
Coming Soon: Same Day ACH Phase 2 – Debits
September 07, 2017  |  Faster Payments

Hollywood sequels tend to disappoint, but what about Same Day ACH sequels? In the latest PYMNTS Faster Payments Tracker™, powered by NACHA, Laura Steele, CEO...

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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,...

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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,...

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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...

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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...

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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...

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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...

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