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Word: debit (lookup in dictionary) (lookup stats)
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...next natural evolution in cashless payments, after credit cards and debit cards," says Robert Pons, co-founder of FreedomPay. "Consumers want to make cashless payments at fast-food restaurants, car washes, coffee shops, convenience stores and video stores--places where you typically cannot use a card." Merchants looking to speed up service and cut down on employee theft are salivating--as are credit-card companies, which have had a difficult time grabbing a share of $10-and-under purchases...

Author: /time Magazine | Title: Pay Fast--With No Cash | 11/5/2001 | See Source »

...code, your ID, which zips down the Internet to an account sitting in a computer at a transaction-processing company. No credit-card information is transmitted between the reader and the tag, so that information cannot be hijacked. 2Scoot bills your credit card of choice, while FreedomPay uses a debit system that deducts money from an "electronic purse" set up in advance using either cash or a credit card...

Author: /time Magazine | Title: Pay Fast--With No Cash | 11/5/2001 | See Source »

...cardiologist. HealthAllies provides a wide selection of discounted services not typically covered, from laser surgery and acupuncture to vision care and in-vitro fertilization. MyHealthBank, which has partnered with Regence Blue Cross/Blue Shield to focus on small employers in the Northwest, hopes eventually to offer consumers a debit card to have their visits to the doctor automatically paid out of their accounts. In such a competitive market, says Harvard Business School professor Regina Herzlinger, doctors will finally offer services that consumers really want, such as integrated teams to better treat chronic illnesses, which account for close to 80% of health...

Author: /time Magazine | Title: Benefits: Stitch Up An HMO | 10/15/2001 | See Source »

...told the Washington Post that when Minch confessed to hitting Plunkett, the head detective stopped the interview cold, arrested him and erroneously told other police Minch had confessed to the killing. Meanwhile the detectives failed to notice that Plunkett's wallet was missing and that someone had used his debit card after he died. They had failed to run a routine check on Mesa's school records, even though he was the one to sound the alarm over Plunkett's disappearance. The Post story amounted to an accusation that a better investigation could have prevented Varner's murder. D.C. executive...

Author: /time Magazine | Title: Murder In A Silent Place | 6/25/2001 | See Source »

...Perks: Debit card...

Author: By Winnie Wu, CONTRIBUTING WRITER | Title: Bank On It: A Comparison of Area Banks | 12/11/2000 | See Source »

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