Tags » Checking Accounts, Debit Cards
Ayesha Rascoe writes for North Carolina's Winston-Salem Journal about how quaint checkbooks are becoming. "The beginning of the end of the check is the growing consumer acceptance of debit cards," said Tony Plath, a professor of finance at the University of North Carolina at Charlotte.
Tags » Consumer Debt, Debit Cards
Jane Bryant Quinn writes in her weekly column for Newsweek saying that "while the pundits wring their hands over the rise in credit-card debt, consumers are quietly finding another, less worrisome path. We're fast becoming a debit-card nation."
Tags » Mobile Payments, PayMate
CRN India reports that PayMate India has launched an exclusive mobile payment solution in coordination with Citibank and Euronet. "With this service, our customers can now conveniently make routine purchases using their mobile phone itself," said Vijay Ramchandran, country marketing director and head, Internet Banking, Citibank India.