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

Banks Enter the BNPL Game With Debit-Based Installments
Banks Enter the BNPL Game With Debit-Based Installments
September 30, 2024  |  Buy Now Pay Later

Paying over time, traditionally a hallmark of short-term installment loans, is becoming an option where goods are paid for using money on hand and over...

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Walmart and Amazon Offer New Payment Options as Consumers Seek Flexibility
Walmart and Amazon Offer New Payment Options as Consumers Seek Flexibility
September 27, 2024  |  Retail

With consumers increasingly expecting to be able to pay however they want, Walmart and Amazon are adding new payment options. Walmart is working with Fiserv...

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Galileo Targets Underbanked Consumers With Secured Credit Options
Galileo Targets Underbanked Consumers With Secured Credit Options
September 25, 2024  |  Credit Cards

Galileo Financial Technologies introduced a credit offering aimed at underbanked/underserved consumers. Secured Credit with Dynamic Funding is designed to simplify the secured credit process, making...

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Visa Responds to DOJ Debit Card Complaint
Visa Responds to DOJ Debit Card Complaint
September 24, 2024  |  ANTITRUST

Following through on reports circulated Monday (Sept. 23), the U.S. Department of Justice filed an antitrust lawsuit against Visa, accusing it of stifling competition in...

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This Week in Web3: Crypto Scams and Payments Surge
This Week in Web3: Crypto Scams and Payments Surge
September 11, 2024  |  Cryptocurrency

Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets...

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Mastercard’s Crypto Debit Card Integrates With Apple and Google Pay
Mastercard’s Crypto Debit Card Integrates With Apple and Google Pay
September 06, 2024  |  Cryptocurrency

More than half a billion people own crypto, primarily as a speculative investment. And now, with the news Thursday (Sept. 5) that Mercuryo has launched...

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Visa’s New A2A Offering ‘Opens’ Choice and Security Via Direct Bank Transfers in the UK
Visa’s New A2A Offering ‘Opens’ Choice and Security Via Direct Bank Transfers in the UK
September 05, 2024  |  Payments Innovation

Direct debits have been popular through the decades — across a variety of use cases — especially when it comes to bill payments and subscriptions....

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CompoSecure: Issuers Adopt Metal Payment Cards to Attract Premium Customers
CompoSecure: Issuers Adopt Metal Payment Cards to Attract Premium Customers
August 08, 2024  |  Earnings

There is strong demand for metal payment cards as issuers work to attract and retain premium card customers, CompoSecure said Wednesday (Aug. 7). The provider...

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New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
July 31, 2024  |  Earnings

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its...

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