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Word: debits (lookup in dictionary) (lookup stats)
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...first step of making Americans comfortable with using their cell phones as financial instruments," says analyst Entner. To take that next step, phone makers must embed a chip capable of near-field communication (NFC) that will work with special readers in stores, exactly like the contact-less credit and debit cards that are now available. Both Visa and MasterCard have trials under way, but have yet to announce plans for a national rollout...

Author: /time Magazine | Title: Banking Goes Mobile | 4/2/2007 | See Source »

...would be placed on undergraduates’ printing accounts, which presently can only be accessed in College computer labs. UC representatives said they intend to lobby College administrators to expand the accounts for use in campus libraries as well.The money would be separate from Crimson Cash—a debit account that students can access with a swipe of their ID card—because the UC wants to ensure that the allotted sum will go “specifically toward printing,” according to UC member Benjamin P. Schwartz ’10.Schwartz co-sponsored the legislation...

Author: By Alexandra Hiatt, CRIMSON STAFF WRITER | Title: Council Pushes for Cost Control | 1/12/2007 | See Source »

...voters like Garcia and Machado that the Rosales campaign is failing to win over. His main proposal is a debit card, called "Mi Negra," that would tap oil revenues to give anywhere from $300 to $1,000 a month in cash to Venezuelans in need. Chavez supporters dismiss the card, whose name refers to a term of endearment and to the color of oil, as an idea crafted to capture votes that won't assist them in the way that Chavez's programs...

Author: /time Magazine | Title: Why Chavez Is a Shoo-in: It's the Economy, Stupid | 12/1/2006 | See Source »

...What are you gonna do. Yes, it's easy give McEwan a pass because he's a writer of high literary merit - Atonement was TIME's book of the year in 2001. Yes, I feel a personal karmic debit to McEwan, because I once misspelled his name as McKewan very publicly in print and feel guilty about it (I was thinking of Ian McKellen, OK?) One could haul out the usual verities about how all great writers steal, Shakespeare included, and how in the Middle Ages plagiarism wasn't even considered a bad thing, but it's really not necessary...

Author: /time Magazine | Title: Ian McEwan Has Nothing to Atone For | 11/28/2006 | See Source »

...events. And machine-dispensed downloads of music videos and TV shows is also a future possibility. Since teenagers will make up a big part of the market, the Coke machines' main payment method is cash (though they accept credit cards). Vodafone's kiosks, however, also accept chip-and-pin debit cards, which is crucial given the handsets retail for a bit more than pocket change, between $55 to $150. Vodafone's goal is simple: it makes no money from selling phones, but from the voice and data traffic they deliver to its network. So it wants to get Vodafone-networked...

Author: /time Magazine | Title: The Vendor Benders | 8/20/2006 | See Source »

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