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Word: debits (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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Usage:

...School" program that - coupled with $140 million of federal stimulus funds - would give each child on public assistance and food stamps $200 to start the school year. More than 850,000 families woke up the next day to find an extra $200 automatically added to their public-assistance debit account. Not a huge windfall, but enough for impoverished students to buy pencils, notebooks, protractors, a backpack and maybe some new school clothes. (Read an interview with George Soros...

Author: /time Magazine | Title: Soros Shines Light on Stimulus for the Poor | 8/13/2009 | See Source »

Muszynski, Josh • dismay of after checking bank account online and finding that use of debit card by to purchase a pack of cigarettes resulted in a charge of more than $23 quadrillion...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 7/17/2009 | See Source »

...media companies will need a trustworthy, easy-to-use payment platform. Common online payment methods like credit cards aren't feasible because processing fees can exceed the value of such tiny transactions. In the gaming world, the typical micropayment system allows consumers to transfer money (usually via credit or debit cards) into electronic accounts, or e-wallets, where hard cash is converted into digital currency for online purchases. There are already several companies providing micropayment services to gaming websites; Santa Clara, Calif. - based PlaySpan offers its service in 80 countries. Micropayments are also migrating to mobile phones. In Japan, cell...

Author: /time Magazine | Title: One Drip at a Time | 6/22/2009 | See Source »

...were already starting to inch in that direction. Speaking at an investor conference, he said that thus-far unreleased results of the company's monthly spending survey indicate that while people were still spending less, the rate of decline has slowed. MasterCard runs the systems that process credit- and debit-card transactions and can therefore provide a more timely read on the economy than official government statistics...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...what has become the Sandinistas' standard reaction to criticism: triumphalism mixed with personal attacks. Sandinista lawmakers have accused Navarro of "economic terrorism" for questioning the bills' legality, and Central Bank president Antenor Rosales dismissed the criticism as the complaints of rich people "who are more accustomed to using debit cards and checks and don't care about the people." Said Rosales, "The Central Bank is profoundly satisfied with the excellent reception that the bills have had with the Nicaraguan population. Everywhere in Nicaragua the bills are being used...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

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