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

Consumer Spending Shifts From What They Could Spend To What They Can Spend

Consumer Spending Shifts From What They Could Spend To What They Can Spend
Consumer Spending Shifts From What They Could Spend To What They Can Spend
February 19, 2021  |  Consumer Finance

If there was one certainty that was the hallmark of the consumer’s propensity to spend, it was uncertainty. As the pandemic hit our shores with...

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OneSource Virtual Debuts Access To Wages By Payroll Card
OneSource Virtual Debuts Access To Wages By Payroll Card
February 18, 2021  |  B2B Payments

OneSource Virtual (OSV) is now providing employees with round-the-clock immediate access to their wages with the help of a payroll card, which is enabled by...

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How Automatic Debit Billing Can Power Predictable Cash Flows For Utilities Companies
How Automatic Debit Billing Can Power Predictable Cash Flows For Utilities Companies
February 18, 2021  |  Next-Gen Debit

Delays in paying utility bills impact access to basic services for consumers and create cash flow issues for utility providers. In the latest Next-Gen Debit...

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Deep Dive: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
Deep Dive: How Merchants Can Tap Payment Rails To Craft Swift, Connected Payments For Consumers
February 18, 2021  |  Consumer Payments

The pandemic has markedly accelerated the move to online shopping, with a PYMNTS report indicating that 47 percent of U.S. consumers living in urban areas...

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Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
February 17, 2021  |  Consumer Payments

From QR codes to contactless cards, consumers want access to fast and seamless payment experiences. Merchants, however, can be left waiting days for funds to...

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Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow
Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow
February 17, 2021  |  Next-Gen Debit

Streaming services are helping many families stay entertained during the pandemic, but managing the monthly payments for these offerings — as well as recurring bills...

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Marqeta Files With SEC, Could IPO In April
Marqeta Files With SEC, Could IPO In April
February 16, 2021  |  IPO

Marqeta, the U.S.-based payment card issuing startup, has filed confidentially for an initial public offering (IPO) with the Securities and Exchanges Commission (SEC), a Reuters...

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Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
February 16, 2021  |  Cybersecurity

One of the more unfortunate consequences of the great digital shift for merchants — particularly small ones — has been a surge in fraud and...

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