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

Mastercard Says Consumer Spending Decelerates in October

Mastercard Says Consumer Spending Decelerates in October
Mastercard Says Consumer Spending Decelerates in October
October 26, 2023  |  Earnings

Mastercard has pointed to a “resilient” consumer, buoying the latest quarter’s results. But management noted on the conference call with analysts that spending is decelerating...

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Will Consumers Fan the Flames of Pay-by-Bank Demand?
Will Consumers Fan the Flames of Pay-by-Bank Demand?
October 25, 2023  |  Payment Methods

The drumbeat of recent announcements shows more merchants lining up to offer pay-by-bank options. But it will be consumers who provide the momentum — and...

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Nearly Half of Consumers With Kids Would Switch to Merchants With Card-Linked Offers
Nearly Half of Consumers With Kids Would Switch to Merchants With Card-Linked Offers
October 19, 2023  |  Loyalty & Rewards

Loyalty or rewards programs play a role in consumer shopping habits. Sixty-five percent of credit or debit card users prefer to shop with brands or...

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Equipifi Partners With Jack Henry to Bring Buy Now, Pay Later to Banks
Equipifi Partners With Jack Henry to Bring Buy Now, Pay Later to Banks
October 18, 2023  |  BNPL

White-label Software-as-a-Service (SaaS) company Equipifi has teamed with FinTech firm Jack Henry to offer a buy now, pay later (BNPL) tool to community and regional...

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

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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