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

JPMorgan Credit and Debit Volumes Slow as Reserve for Card Losses Grows
JPMorgan Credit and Debit Volumes Slow as Reserve for Card Losses Grows
April 11, 2025  |  Earnings

For J.P. Morgan, caution abounds as the bank increased loan loss provisions, designed to cover possible loan losses amid economic turbulence. Management discussed on a...

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Branch Adds ‘Full-Service Paycard’ to Workforce Payments Platform
Branch Adds ‘Full-Service Paycard’ to Workforce Payments Platform
April 10, 2025  |  B2B Payments

Branch added a “full-service paycard” to its workforce payments platform. The paycard is delivered through the Branch App and Card, enables payments to a dedicated...

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Mastercard and Kraken Team to Promote Crypto Payments in the EU and UK
Mastercard and Kraken Team to Promote Crypto Payments in the EU and UK
April 09, 2025  |  Cryptocurrency

Cryptocurrency platform Kraken launched a payments-focused partnership with Mastercard. The collaboration will allow Kraken customers in the United Kingdom and Europe to spend crypto assets...

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Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
April 08, 2025  |  Fraud Prevention

PYMNTS Intelligence data has detailed the continuing appeal of debit cards as preference for everyday spending, prized for convenience and as a way to spend...

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APIs and Innovation Help Merchants Put Payments ‘in the Background’
APIs and Innovation Help Merchants Put Payments ‘in the Background’
April 03, 2025  |  Payments Innovation

For merchants, omnichannel innovation comes in several flavors. When it comes to eCommerce interactions, sellers face the drive to streamline and reduce friction during the...

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Mastercard Sets Sights Beyond Retail as It Embeds BNPL Into Network
Mastercard Sets Sights Beyond Retail as It Embeds BNPL Into Network
April 01, 2025  |  Buy Now Pay Later

The buy now, pay later pure plays like Klarna and Affirm might get a lot of attention these days. However, card networks have a piece...

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Galileo Bets Big on Debit Rewards to Boost Loyalty Among Credit-Wary Consumers
Galileo Bets Big on Debit Rewards to Boost Loyalty Among Credit-Wary Consumers
March 27, 2025  |  Loyalty & Rewards

About 90% of U.S. consumers have debit cards. Forty-six million consumers don’t have established credit histories — which means they don’t have credit cards. With...

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Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
March 27, 2025  |  Buy Now Pay Later

The lure of paying over time lies with the predictability of the repayment. Consumers don’t think of pay later options as credit, at least not...

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Credit Unions Turn to Members to Help Shape Innovation
Credit Unions Turn to Members to Help Shape Innovation
March 11, 2025  |  Credit Unions

When it comes to designing the digital journeys that link banks with members, the old approach that “if you build it, they will come” holds...

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