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

4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
November 20, 2023  |  Consumer Finance

Consumers are a resourceful lot and will do what they must to make ends meet, even if it means splitting up the weekly grocery bill...

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Half of Subscription Cancellations Are Due to Failed Card Payments
Half of Subscription Cancellations Are Due to Failed Card Payments
November 17, 2023  |  Subscriptions

Failed payments have an impact on customer churn in the subscription business industry. Among all possible causes, declined card payments account for 50% of all...

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Judge Investigates ‘Suspicious’ Settlement Website Related to Visa, Mastercard Case
Judge Investigates ‘Suspicious’ Settlement Website Related to Visa, Mastercard Case
November 13, 2023  |  Legal

Class-action settlements often involve websites with information for the class members. But in the case of a multibillion-dollar class action lawsuit against Visa and Mastercard,...

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DoorDash Enables HSA and FSA Payments on Eligible Items
DoorDash Enables HSA and FSA Payments on Eligible Items
November 08, 2023  |  Payment Methods

DoorDash now enables customers to use their health savings accounts and flexible spending accounts to pay for eligible items at select merchants. Beginning Wednesday (Nov....

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FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
November 07, 2023  |  Earnings

Payments firm FIS released third-quarter results on Tuesday (Nov. 7) that pointed to widespread recurring and organic revenue growth, and a continued shift by banks...

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Retailers Plan to Up Use of Instant B2B Payments
Retailers Plan to Up Use of Instant B2B Payments
November 06, 2023  |  Faster Payments

In an environment with high interest rates and the expansion of instant payment systems, retailers are shifting their payment preferences by leaving traditional methods and...

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Payment Choice Is the Best Feature Merchants Can Offer Consumers
Payment Choice Is the Best Feature Merchants Can Offer Consumers
November 03, 2023  |  Payment Methods

Consumers in different countries go for a diverse mix of shopping features, ranging from coupons and rewards to free shipping, availability of buy now, pay...

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Amid Great ‘Interchange Debate,’ What Happens to Rewards Programs?
Amid Great ‘Interchange Debate,’ What Happens to Rewards Programs?
November 01, 2023  |  Loyalty & Rewards

The debate over interchange is now fully underway (again) on Capitol Hill. The question remains as to what happens with rewards programs — the sweeteners,...

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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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