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Debit Surge Has Ripple Effects On Networks And Issuers

PYMNTS

Both firms’ management stated during their respective earnings calls that debit spending remained healthy subsequent to the end of the quarter. The issuers, too, have seen surges in debit spending. Wells Fargo stated that debit card purchase spending was up 11 percent; J.P. As to where that debit spend is going: J.P.

Issuers 82
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Credit Card Surcharge Signs: Compliance, Design, and Best Practices

EBizCharge

These signs inform customers about the additional charges associated with using credit cards for payments. The signage is crucial because it clearly communicates to customers before they commit to a credit and debit card transaction.

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How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud

PYMNTS

Lerdal pointed to P2P payments and eCommerce as key areas of attack. “In In the old days, it was ATMs and the point of sale [POS],” he said. He added that other variables must come into play when examining risk, focused on a consumer’s history: where, when and how they shop and transact.

ATM 67
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Visa: Tap-To-Pay Gains Steam, As B2B Volume Hits $1T, Annualized

PYMNTS

Within that figure, debit payments were up 11 percent in constant dollars to $1 trillion, while credit transactions were up 7 percent to $1.2 Total transactions and processed transactions were both up 11 percent to a respective 53.2 Cards in the field, so to speak, were up 4 percent year on year to 3.4

Volume 42
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50 Fintech Buzzwords Explained

M2P Fintech

Aadhaar-enabled Payment Service (AePS) AePS, in India, enables individuals to conduct basic banking transactions like d eposits, withdrawals, balance inquiries, bill payments, etc. without requiring a traditional bank account or debit card. Unlike credit cards, PISPs don’t require sharing card details with merchants.

FinTech 59