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

Credit Union Of Texas Taps PSCU For Expanded Partnership
Credit Union Of Texas Taps PSCU For Expanded Partnership
March 30, 2021  |  Credit Unions

Payments credit union service organization (CUSO) PSCU will provide credit processing support in addition to support services for debit for Credit Union of Texas as...

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Deep Dive: How A2A Transfers Are Leading Debit Growth And How Merchants And FIs Can Keep Up
Deep Dive: How A2A Transfers Are Leading Debit Growth And How Merchants And FIs Can...
March 30, 2021  |  Next-Gen Debit

More consumers are shifting to online shopping and adopting digital payment methods for in-store purchases the longer the pandemic continues — a trend that could...

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How The Pandemic Is Accelerating P2P, Mobile Wallet Personalization Among Online Shoppers
How The Pandemic Is Accelerating P2P, Mobile Wallet Personalization Among Online Shoppers
March 29, 2021  |  Next-Gen Debit

Consumers are still shopping online in greater numbers during the pandemic, even as brick-and-mortar stores reopen. More customers are also tapping peer-to-peer (P2P) apps or...

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Visa Network Will Settle Transactions In Crypto, First Use Case USD Stablecoin
Visa Network Will Settle Transactions In Crypto, First Use Case USD Stablecoin
March 29, 2021  |  Cryptocurrency

Visa announced Monday (March 29) that it is the first major payments network to settle transactions in dollar denominated stablecoins, which the company claimed is...

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Retailers Tap Debit-Linked Mobile Wallets To Keep Consumers Engaged
Retailers Tap Debit-Linked Mobile Wallets To Keep Consumers Engaged
March 26, 2021  |  Next-Gen Debit

Consumers continue to tap online channels more often to make retail transactions, interact with their financial institutions (FIs) or pay their bills during the pandemic....

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Neobank N26 Teams With Dosh To Expand Rewards Program
Neobank N26 Teams With Dosh To Expand Rewards Program
March 22, 2021  |  Loyalty & Rewards

German neobank N26 announced in a press release the expansion of its cash back rewards program called Perks for its mobile banking clients in the...

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Today In Digital-First Banking: Nacha’s WEB Debit Rule Becomes Effective; Goldman In Discussions To Take Over JetBlue’s Card Program
Today In Digital-First Banking: Nacha’s WEB Debit Rule Becomes Effective; Goldman In Discussions To Take...
March 19, 2021  |  News

In today’s top news in digital-first banking, Nacha has said that the WEB Debit Account Validation Rule has become effective, while Goldman Sachs Group Inc....

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Nacha’s WEB Debit Account Validation Rule Takes Effect
Nacha’s WEB Debit Account Validation Rule Takes Effect
March 19, 2021  |  Regulation

The nonprofit Nacha, which enables Automated Clearing House (ACH) payments, announced that the WEB Debit Account Validation Rule took effect on Friday (March 19), according to...

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Visa Faces Justice Department Probe On Debit Card Processes
Visa Faces Justice Department Probe On Debit Card Processes
March 19, 2021  |  Regulation

Visa Inc. is facing a probe from the Justice Department concerning allegedly anticompetitive processes in the debit card industry, The Wall Street Journal reported, citing...

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