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

Subprime and Prime Consumers Weather Inflation Shock as Synchrony Purchase Volumes up 17%
Subprime and Prime Consumers Weather Inflation Shock as Synchrony Purchase Volumes up 17%
April 19, 2022  |  Consumer Insights

By now, it’s becoming a familiar refrain. Across banks and issuers, spending on cards remains healthy. Despite the economic pressures that have been the hallmarks...

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PYMNTS Data Show Crypto’s Use for in-Store Purchases Is Growing
PYMNTS Data Show Crypto’s Use for in-Store Purchases Is Growing
April 18, 2022  |  Cryptocurrency

For a while now, bitcoin boosters have been trying to woo retailers and other merchants into taking the steps needed to accept it and other...

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Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
April 12, 2022  |  Banking

Earnings season comes like clockwork. And earnings are a snapshot, a frozen point in time. For the banks, the question is not what’s in the...

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Visa Faces ‘New Network Fees’ Antitrust Suit After Court of Appeal Loss 
Visa Faces ‘New Network Fees’ Antitrust Suit After Court of Appeal Loss 
April 06, 2022  |  ANTITRUST

Visa will need to defend, for the second time, its debit card fees in an antitrust suit filed by payment processing network Pulse Network L.L.C....

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Robinhood Launches Debit Card with Auto Savings
Robinhood Launches Debit Card with Auto Savings
March 22, 2022  |  Personal Finance

Calling it part of its “mission to democratize finance,” brokerage app Robinhood has launched the Cash Card to help new customers start investing. The card,...

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Today in Food Commerce: Restaurants, Grocers Leverage Technology to Take on Inflation
Today in Food Commerce: Restaurants, Grocers Leverage Technology to Take on Inflation
March 21, 2022  |  Commerce

Today in food commerce, American Express gives grants to historic restaurants, and PYMNTS data reveal how consumers payment habits shift as they begin spending more...

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Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
March 21, 2022  |  Payment Methods

When it comes to restaurant spending, consumers are opting to use credit cards when they spring for a premium meal but sticking with debit when...

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New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
March 10, 2022  |  Digital-First Banking

“Payments fraud isn’t localized to just one industry or one business — it’s widespread and pervasive. The fraudsters are only getting more creative,” Paramita Bhattacharjee,...

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AmEx Launches First All-Digital Checking Account
AmEx Launches First All-Digital Checking Account
February 08, 2022  |  Digital-First Banking

American Express has launched its first all-digital consumer checking account, available for eligible consumer card members in the U.S. Rolled out Tuesday (Feb. 8), American...

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