article thumbnail

Debit cards face rising digital wallet competition

Payments Dive

Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D.

article thumbnail

Emerging Markets-Focused Fintech Platform PalmPay Unveils New Debit Card in Nigeria with Verve

Fintech Finance

PalmPay ( www.PalmPay.com ), a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. “ said Sofia Zab, Chief Marketing Officer at PalmPay.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FV Bank Announces Launch of VISA Debit and Corporate Expense Cards

Fintech Finance

FV Bank, in partnership with Visa, has today announced at Money20/20 Las Vegas (October 27-30), the launch of FV Bank’s new debit cards and corporate expense cards. Businesses can order cards for authorized users, set individual spending limits, and track transactions in real-time through FV Bank’s platform.

article thumbnail

Debit cards overtake cash at the POS in Switzerland

Finextra

Debit cards have overtaken cash as the favoured payment method among consumers in Switzerland.

article thumbnail

Protecting Debit Card Payments: Curve Applies Section 75 Protection to All Cards in its Wallet

The Fintech Times

Section 75 is a law that applies exclusively to credit cards, ensuring providers share responsibility with merchants for purchases ranging from 100 to 30,000. Debit card users have historically not had this level of protection, leaving them vulnerable in cases of faulty goods.

article thumbnail

Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. Visa Direct enables real-time money movement to eligible debit cards. bank accounts will be available within 1 minute or less starting in April 2025.

article thumbnail

Exclusive PXP Research Reveals Key Insights into Payment Preferences

Fintech Finance

PXP , the expert in global payment services, today shares the findings from exclusive new research conducted in collaboration with polling firm Censuswide, revealing the payment preferences, priorities and frustrations of more than 4,000 consumers across the UK and US. Kamran added: We’re at an incredible moment in payments history.