Debit Cards News

Debit cards are plastic payment cards, that draw money directly from a user’s bank account to perform a transaction. A debit card is used as a more convenient analog of cash and its use is gradually overtaking the use of other methods of transactions. There are also prepaid debit cards that are issued to have limited value and can’t be refilled, though these are not commonly used. Debit cards make storing money easier when compared with cash, but they also have their issues. For example, you may not be able to complete a transaction, if its provider has technical issues, it may not be accepted by the other party of the transaction and, finally, it may be compromised while being used to pay for something on an insecure website. In some countries, debit card payments are charged by banks with a small fee, but it may be a cause for a retailer not to perform small transactions with debit cards.
Companies have started to offer cryptoback rewards for credit card transactions, from business expenses to monthly subscription payments.
The future of cashback: Companies adopt cryptoback rewards for card purchases
Ezra Reguerra
Altcoin Watch
Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher.
Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
Jordan Finneseth
Altcoin Watch
Coti’s price rallied to a new high after a series of partnerships, exchange listings and a pivot toward NFTs lure new investors to the project.
Stablecoin launch and NFT integration back Coti’s rise to a new all-time high
Jordan Finneseth
Crypto payment firm Alchemy Pay is planning to roll out a crypto-linked virtual card that is accepted on the Visa and Mastercard payments networks.
Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support
Helen Partz
Visa is continuing to extend its integration with regulated crypto companies worldwide.
Digital asset platform Zipmex partners with Visa in Asia-Pacific
Marie Huillet
Mastercard is angling to become the go-to for governments and private entities when testing and rolling out central bank digital currencies or stablecoins.
We have to be in the crypto space, Mastercard CEO says
Marie Huillet
This spring, crypto-related transactions using Visa were a significant boost to the company’s cross-border volume, although this effect is beginning to wane.
Crypto frenzy may be winding down, Visa CFO says
Marie Huillet
The lines between traditional payments networks and fintech continue to blur with Visa’s acquisition of the London-based firm.
Visa to acquire cross-border payments fintech Currencycloud
Helen Partz

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