Debit card
Business Concept
Contactless smart card...cards used for public transportation and other electronic purse applications. First Data delivers Contactless Credit and Debit cards for its customers. A related contactless technology is RFID (radio frequency identification). In... In this article: U.S. Department of Defense, USA, Europe, Debit cards, Visa, Japan Rail, First Data, ICAO, and Asia |
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Centre Daily Times | September 08, 2009
First Data Appoints W. Patrick Shannon as Chief Financial Officer
...using virtually any form of electronic payment. Whether the choice of payment is a gift card, a credit or debit card or a check, First Data securely processes the transaction and harnesses the power of the data to deliver intelligence...
In this article: First Data, Michael D. Capellas, BellSouth Corporation, and US West
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USATODAY.com | August 31, 2009
Reward programs grow with debit card use
...Bohn of First Data, which processes payments. Yet Brian Riley, a research director at TowerGroup, a research firm, believes that debit card use will continue to grow as the economy recovers. Debit cards provide a convenient way for...
In this article: Customer, Recession, Federal Deposit Insurance Corp., Gap, Barnes & Noble, USA Today, and Starbucks
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Times Online | January 15, 2009
Senate frees $350bn of bailout fund as shares slide$
...- but resulted from one-off items such as a $627 million gain from bringing the Paymentech credit and debit card processing joint venture with First Data entirely under its own roof. JPMorgan also announced its full-year profits for 2008,...
In this article: Citigroup, Jpmorgan, Bank of America, Credit crunch, Smith Barney, Barack Obama, New York, US, and GMT Capital
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Asbury Park Press | September 04, 2009
Rewards grow with debit-card use
...cards. "With the economic downturn, people are looking at how to manage their money and . . . turning to the debit card to give them more structure to their spending," says Julie Bohn of First Data, which processes payments. Yet Brian...
In this article: Customer, Recession, Federal Deposit Insurance Corp., Gap, Barnes & Noble, Starbucks, and First Data
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PC World: Latest Technology News | January 21, 2009
Debit Card Data Breach Compared to TJX
...operates the Star Debit & ATM Network A spokesperson for First Data told the TimesTribune that "the debit card issue we were alerted to could affect not only Star but also other debit networks." "While we do not comment on specific...
In this article: Heartland Payment Systems, First Data Corp, Kentucky, Oregon, ATM, and E mail
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Reuters | September 16, 2009
First Data, IRS reach deal to gain offshore data
...as "U.S. merchants who have established merchant sales agreements with First Data and any of its subsidiaries or affiliates, to process debit card, credit card, charge card or other payment card transactions," according to the filing. The...
In this article: First Data Corp, Summons, IRS, Denver, Tax, UBS AG, U.S., and U.S. Justice Department
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SmartMoney.com | August 16, 2009
3 Pitfalls When Moving From Credit to Debit (Consumer Action)
...going to make a switch in banks, they will look for that. " An April study conducted by First Data found that 45% of consumers have a rewards-earning debit card, up from 34% last year. Trading credit for debit is an effective way to manage...
In this article: PayPal, Issuer, Chase, Citibank, Wells Fargo, First Data, and Wachovia
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www.webwire.com
First Data And PayPal Team Up To Offer New Online Payment Services For Star® Network Cardholders
- Global electronic commerce and payments processing leader First Data today announced an agreement with PayPal that allows debit cardholders in First Data s STAR® Network to quickly link their STAR debit card to a PayPal account online.
In this article: PayPal, First Data, Revenue, and Internet banking
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Seeking Alpha | May 16, 2008
First Data Q1 2008 Earnings Call Transcript - Seeking Alpha
Good morning. A couple of questions; one, MasterCard recently launched a new debit card processing platform and I was hoping perhaps Ed could give some color around that and what that means on a competitive basis for First Data. Ed, would...
In this article: Michael D. Capellas, First Data, Revenue, and MasterCard
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More on Debit card
Description from Wikipedia:
A debit card (also known as a bank card or check card) is a plastic card which provides an alternative payment method to cash when making purchases. Functionally, it can be called an electronic check, as the funds are withdrawn directly from either the bank account (often referred to as a check card), or from the remaining balance on the card. In some cases, the cards are designed exclusively for use on the Internet, and so there is no physical card.
The use of debit cards has become widespread in many countries and has overtaken the cheque, and in some instances cash transactions by volume. Like credit cards, debit cards are used widely for telephone and Internet purchases.
Debit cards can also allow for instant withdrawal of cash, acting as the ATM card for withdrawing cash and as a cheque guarantee card. Merchants can also offer "cashback"/"cashout" facilities to customers, where a customer can withdraw cash along with their purchase.
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