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BNET Business Dictionary
- Debit
- an entry in accounts which shows an increase in assets or expenses or a decrease in liabilities, revenue, or capital. It is entered in the left-hand side of an account...
- Debit definition on BNET »
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- Beyond Credit and Debit: Metavante Expanding Rewards to Online Bill Pay
- Credit, Debit and Online Bill Pay rewards all on one platform
- Research articles 2007-05-16
- Revisions To Staff Commentary On Regulation E - Brief Article
- The Federal Reserve Board on March 13, 2001, published revisions to the Regulation E Electronic Fund Transfers Official Staff Commentary, which applies and interprets the requirements of the regulation. The effective date is March 15, 2001; however, to allow time for any necessary operational changes, the mandatory compliance date...
- Research articles 2001-05-01
- Proposed Actions - Brief Article
- The Federal Reserve Board on June 23, 2000, published proposed revisions to the Regulation E Electronic Fund Transfers Official Staff Commentary, which applies and interprets the requirements of the regulation. Comments are due by August 31, 2000. The proposed revisions provide guidance on electronic check conversion transactions that occur,...
- Research articles 2000-08-01
- Fort Worth Star-Telegram, Texas, Todd Mason Column.(Knight Ridder/Tribune Business News)
- Apr. 4--YOU MAY PAY IRS ONLINE VIA BANK: Feeling left out because your friends are filing their taxes electronically, and you need to drop a check in the mail? The fact is that you don't. You can authorize the Internal Revenue Service to take...
- Research articles 2000-04-04
- MasterCard Announces Exclusive Debit Brand Relationship with BECU
- PURCHASE, N.Y. -- MasterCard Worldwide today announced a contract extension and five-year Debit MasterCard[R] and PIN brand exclusivity agreement with BECU (originally known as Boeing Employees' Credit Union), the largest credit union in Washington and one of the top five financial cooperatives in the country. BECU has been a Debit...
- Research articles 2007-04-17
- An Overview of the Canadian Debit System and Comparison With the U.S. Model
- This white paper examines the debit market in Canada, and contrasts the Canadian debit system with that of the U.S. Some commentators have noted the higher per-capita usage of debit in Canada relative to the U.S., and then attempted to argue that this higher adoption rate is a function of...
- White papers 2004-02-01
- Arrest in Massive Credit Card Scam
- The feds have indicted a 28-year-old "superhacker" in a scheme to steal more than 130 million credit and debit card numbers. MoneyWatch.com's Eric Schurenberg tells you how to protect yourself.
- Videos 2009-08-18
Additional Resources
- Debit Card Scams to Avoid
- Crooks are coming up with clever ways to steal money from debit card customers. Here's how to protect yourself. And when it comes to card...
- Articles 2009-07-28
- Debit Cards: Beyond Cash and Checks
- This article is on debit cards. Debit cards are also known as check cards. Debit cards look like credit cards or ATM automated teller machine cards, but operate like cash or a personal check. Debit cards are different from credit cards. While a credit card is a way to "pay...
- White papers
- MasterCard Reports Surge In Debit Cards
- MasterCard reported it had 567 million debit cards in circulation at the end of the first quarter of this year, an 8.3% increase over the same period one year earlier. The debit activity coincides with both an increase in the number of debit terminals at MasterCard reported it had...
- Research articles 2005-07-11
- Alpine Bank Acquires Saylent's Y-Debit Solution to Manage Debit Cards; Increase Debit Card Loyalty Program
- MEDWAY, Mass. -- Saylent Technologies, Inc., a leading provider of debit card management solutions, today announced that Alpine Bank, a community bank in Colorado with assets in excess of $2 billion, acquired a license of Y-Debit to improve management of their debit card program. Alpine Bank acquired two of...
- Research articles 2006-10-02
- Why Use Debit Instead of Credit? Consumer Choice in a Trillion-Dollar Market
- Debit cards are overtaking credit cards as the most prevalent form of electronic payment at the point of sale, yet the determinants of a ubiquitous consumer choice "debit or credit?" have received relatively little scrutiny. Several stylized facts suggest that debit-card use is driven by behavioral factors. The paper documents...
- White papers 2004-07-01
- Direct Response Financial Services Featured in ATM & Debit News; Debit Card Industry Publication Quotes Direct Response's CEO Along with Representatives from Visa USA, MasterCard International, and the Federal Reserve
- LOS ANGELES -- Gaining greater recognition in the debit card industry, Direct Response Financial Services, Inc. (OTCBB:DRFL), a leading provider of stored value and debit card products and services to Hispanics and other underserved consumers, today announced that it was featured in a leading Thomson Media-owned industry publication, ATM &...
- Research articles 2005-03-17
- BANKS TO CHARGE ANNUAL FEE ON DEBIT CARD
- AsiaInfo Services 08-09-2004 Banks to Charge Annual Fee on Debit Card GUANGZHOU, Aug 09, 2004 SinoCast via COMTEX -- Bank of China BOC is going tocharge CNY 10 annual fee on Great Wall RMB Debit Card issued byBOC. ...
- Research articles 2004-08-09
- New Comprehensive PULSE Debit Industry Study Reveals Continued Growth in Debit Card Market
- Debit Transaction Growth of 18 percent in 2006 Card Issuers Expect Similar Rise in 2007 HOUSTON -- U.S. debit card-issuing financial institutions experienced debit card transaction growth of 18 percent in 2006 and expect continued strong growth in 2007, according to a new study commissioned by PULSE EFT...
- Research articles 2007-02-28
- Energy companies told to be more customer-friendly over direct debit payments
- Energy regulator Ofgem has acted to force energy suppliers to provide more information to customers about their direct debit payments and justify holding credit balances. The regulator was responding to a storm of protest over direct debit payments because energy companies were said to be holding on to huge...
- News items 2009-08-09
- PayPal goes plastic with debit cards aimed at students - and their parents
- PayPal on Tuesday introduced a new service for parents with kids who are in high school or college. Called Student Accounts, it centres on the use of a special PayPal-branded Mastercard debit card that's tied to a parent's PayPal accounts. The parent acts as the provider and can funnel money...
- News items 2009-08-12
- Debit's Downside
- This paper focuses on debit card fraud. As debit cards become more popular among consumers, they are also a growing target for thieves and fraudsters. According to an ABA and Dove Consulting study, the number of consumers using debit cards to make in-store-purchases increased from 48 percent in 1999 to...
- White papers 2004-07-30
- MasterCard Reports Surge In Debit Volume
- MasterCard reported it saw strong global online debit activity during the second quarter, as debit continues to take share from cash and check as a preferred means of payment. MasterCard reported it saw strong global online debit activity during the second quarter, as debit continues to take share from...
- Research articles 2005-09-12
- Virgin Mobile USA links debit card, airtime credit.(News)
- Virgin Mobile USA L.L.C. is expanding it customers' ability to earn free airtime by launching a prepaid Visa debit card that will be linked to Virgin Mobile USA phones. The "Stash'' prepaid debit card will be issued by Inter National Ban...
- Research articles 2006-08-07
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