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

Shared Digital Wallet Developer Braid Shuts Down After Four Years
Shared Digital Wallet Developer Braid Shuts Down After Four Years
October 10, 2023  |  Mobile Wallets

A founder of Braid, a consumer payments startup, announced the company’s closure, marking the end of its four-year journey to expand the use of shared...

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United Community Credit Union Partners With PSCU to Enhance Card Offerings
United Community Credit Union Partners With PSCU to Enhance Card Offerings
October 10, 2023  |  Credit Unions

United Community Credit Union, which serves Galena Park Independent School District employees in Texas, teamed with credit union service organization (CUSO) PSCU to provide debit...

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PSCU to Support Horizon Credit Union’s Card Programs and ATMs
PSCU to Support Horizon Credit Union’s Card Programs and ATMs
September 28, 2023  |  Credit Unions

Horizon Credit Union, a nonprofit financial cooperative with more than 30 locations in four states, has partnered with PSCU, a credit union service organization (CUSO)...

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Varo Unveils Instant Payments to Anyone With US Debit Card
Varo Unveils Instant Payments to Anyone With US Debit Card
September 21, 2023  |  Real-Time Payments

Varo Bank introduced Varo to Anyone, the digital bank’s free instant payment service. The service allows for payments from Varo Bank accounts insured up to...

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Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
September 05, 2023  |  Faster Payments

Property management always has a flurry of activity in the background. Landlords employ and contract with a variety of vendors and suppliers to keep things...

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Binance to End Debit Cards for Users in Latam and Middle East
Binance to End Debit Cards for Users in Latam and Middle East
August 24, 2023  |  Cryptocurrency

Binance is ending its cryptocurrency-backed debit card in Latin America and the Middle East. The decision, the latest in a series of pullbacks by the crypto giant, was...

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JPMorgan Debuts Tap to Pay for Merchant Clients
JPMorgan Debuts Tap to Pay for Merchant Clients
August 22, 2023  |  Digital Payments

J.P. Morgan Payments has debuted a contactless payment solution for its merchant clients. The new Tap to Pay offering lets merchants accept payments using their iPhones, without the...

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Report: DOJ Investigates Visa Merchant Practices
Report: DOJ Investigates Visa Merchant Practices
August 16, 2023  |  Regulation

Visa is reportedly the target of a Department of Justice (DOJ) probe into its tokenization practices. The DOJ’s interest in Visa is part of a long-running investigation, Bloomberg reported...

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Credit Sesame Launches Credit-Building Debit Card
Credit Sesame Launches Credit-Building Debit Card
August 16, 2023  |  Personal Finance

Credit Sesame has unveiled a new product that aims to help individuals build and enhance their credit scores through their everyday debit purchases. The new...

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