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

38% of Consumers Used Debit for Their Last In-Store Purchase; Just 23% Did So Online
38% of Consumers Used Debit for Their Last In-Store Purchase; Just 23% Did So Online
April 06, 2023  |  Consumer Payments

Payment card preferences continue to align with earnings, determining which kind of plastic millions of consumers reach for when making retail purchases. PYMNTS explored the...

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CardX Lets Mastercard Users ‘Click-to-Pay’
CardX Lets Mastercard Users ‘Click-to-Pay’
April 05, 2023  |  Credit Cards

Surcharge compliance firm CardX has added Mastercard’s Click to Pay to its payment platform. The feature is now available for all card-not-present merchants using CardX’s...

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Mastercard Pledges to Use All Recycled Cards by 2028
Mastercard Pledges to Use All Recycled Cards by 2028
April 05, 2023  |  Mastercard

Mastercard says its days of using new plastic to make cards is near an end. The company announced in a Wednesday (April 5) press release...

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Neo Financial Debuts ‘Debit Alternative’ Neo Money Card
Neo Financial Debuts ‘Debit Alternative’ Neo Money Card
March 30, 2023  |  Payment Methods

Canadian FinTech Neo Financial has debuted what it calls a debit card alternative. The Neo Money card, announced Thursday (March 30), is designed to help...

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UAE Central Bank Approves Direct Debit System Marketplace Launch
UAE Central Bank Approves Direct Debit System Marketplace Launch
March 17, 2023  |  Payment Methods

Residents and citizens of the United Arab Emirates (UAE) can now use a paperless direct debit marketplace. The UAE Central Bank has approved the launch...

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Tech Credit Union Taps PSCU for Innovative Debit Card Solutions
Tech Credit Union Taps PSCU for Innovative Debit Card Solutions
March 09, 2023  |  Credit Unions

Tech Credit Union (Tech CU) has tapped PSCU to provide debit card processing support. The 11-branch, Indiana-based credit union selected the credit union service organization...

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Dubai Looks to End Reliance on Check-Based Rent Payments
Dubai Looks to End Reliance on Check-Based Rent Payments
February 03, 2023  |  Payment Methods

After dominating the Dubai rental landscape for years, checks may be on their way out. The Dubai Land Department (DLD) recently announced that it has...

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CE 100 Index Gains 5.3% as BNPL, Amex Lead the Charge  
CE 100 Index Gains 5.3% as BNPL, Amex Lead the Charge  
January 30, 2023  |  Connected Economy

Earnings season has taught us that the death of consumer spending has been greatly exaggerated.   Much depends on where you look, of course.   December’s latest...

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Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
January 23, 2023  |  Payment Methods

The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.”   PayPal may prove to be a...

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