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

Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
December 13, 2023  |  Buy Now Pay Later

Equipifi will add a new white-label buy now, pay later (BNPL) option for debit card issuers in 2024. The new Pay-in-4 option will allow consumers...

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Consumer Bill Payment Services and PayFacs Take the Sting Out of Card Acceptance Costs
Consumer Bill Payment Services and PayFacs Take the Sting Out of Card Acceptance Costs
December 13, 2023  |  Credit Cards

Marc Hopkins, vice president at E-Complish, told PYMNTS that although they’re almost universally used, and consumers expect merchants to accept them, credit and debit card...

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FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
December 11, 2023  |  BNPL

FedFinancial Federal Credit Union (FedFinancial FCU), which serves federal employees and their family members in Washington, D.C., and Baltimore, has launched a buy now, pay...

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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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