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

European Lawmakers Ask UK to Reconsider Cap on Interchange Fees

European Lawmakers Ask UK to Reconsider Cap on Interchange Fees
European Lawmakers Ask UK to Reconsider Cap on Interchange Fees
December 12, 2024  |  Credit Cards

European lawmakers reportedly asked the United Kingdom’s Payment Systems Regulator (PSR) to reconsider its plans to restore a cap on interchange fees that was lifted...

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Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
December 11, 2024  |  Consumer Insights

Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime...

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Visa Teams With WhiteBIT to Offer Crypto-Focused Debit Card
Visa Teams With WhiteBIT to Offer Crypto-Focused Debit Card
December 11, 2024  |  Partnerships

European cryptocurrency exchange WhiteBIT launched a debit card partnership with Visa. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mastercard Expands APAC Digital Wallet Reach With ‘Pay Local’
Mastercard Expands APAC Digital Wallet Reach With ‘Pay Local’
November 05, 2024  |  Mobile Wallets

Mastercard debuted a service that lets consumers make card-based payments via local digital wallets. Get the Full Story Complete the form to unlock this article...

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Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
October 31, 2024  |  Mastercard

Mastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve’s September cuts...

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Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
October 30, 2024  |  Investments

Payments platform Airwallex is reportedly in discussions to raise $200 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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SoFi Money Accounts Surge 54% as Monetization Across All Products Continues
SoFi Money Accounts Surge 54% as Monetization Across All Products Continues
October 29, 2024  |  Earnings

SoFi Technologies’ cross-selling continues, and certain trends seem well in place as the interest rate environment becomes more benign. Get the Full Story Complete the...

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Discover CFO: Cautious Consumers Cause Slide in Card Volume
Discover CFO: Cautious Consumers Cause Slide in Card Volume
October 17, 2024  |  Earnings

Discover Financial Service’s third-quarter earnings results offered evidence that an acquisition by Capital One is on track. Get the Full Story Complete the form to...

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HoneyBook Launches Expanded Suite of Financial Tools for Independent Businesses
HoneyBook Launches Expanded Suite of Financial Tools for Independent Businesses
October 16, 2024  |  SMBs

HoneyBook launched an expanded suite of financial tools that can be integrated into its client relationship management (CRM) platform for independent businesses. Get the Full...

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