debit transactions

Mazooma partners with PETCO for instant debit transactions to online shoppers

October 20, 2009 - 2:33am | News | Payment systems

Mazooma, the first real-time online debit payment solution for U.S. consumers, today announced that PETCO, the nation's leading pet specialty retailer, has signed an agreement to integrate the Mazooma solution on its Web site, PETCO.com. PETCO will now be able to provide a real time, bank authenticated debit payment option for its U.S. consumers, allowing online shoppers to easily and securely pay for their purchases with cash. PETCO offers a wide range of products and services to animal lovers across the U.S.

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Debit card issuers expect usage growth in spite of the crisis

June 5, 2009 - 8:03am | News | Plastic cards

According to the commissioned by PULSE The 2009 Debit Issuer Study, some positive trends for financial institution debit card issuers have been figured out, including sustained debit transaction growth despite the world economic crisis. The study also found that PIN debit use grew, while fraud loss rates decreased.

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U.S. Visa debit volume exceeds credit

May 5, 2009 - 1:53pm | News | Plastic cards

Visa Inc. has announced that spending on Visa debit cards in the U.S. has surpassed credit for the first time in the company's history. For the period ending December 31, 2008, debit payments volume was $206 billion, compared with credit payments volume of $203 billion. Debit transactions were nearly 70% of U.S. transactions for the same time period, representing an increasingly larger portion of Visa's U.S. transactions.

credit volume | debit transactions | debit volume | everyday spending | Visa

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