Private label debit (original) (raw)
Private label debit refers to a merchant-branded card or mobile payment app that utilizes an automated clearing house (ACH) to directly debit consumer checking accounts. Used in a closed-loop environment, private label debit offers secure transactions through PIN protection or tokenization. Private label debit programs have become increasingly popular in the United States, totaling roughly $13 billion in payment value. Such programs are offered by well-known brands, including Target, Kroger, and Circle K, as a consumer loyalty strategy.
| Property | Value |
|---|---|
| dbo:abstract | Private label debit refers to a merchant-branded card or mobile payment app that utilizes an automated clearing house (ACH) to directly debit consumer checking accounts. Used in a closed-loop environment, private label debit offers secure transactions through PIN protection or tokenization. Private label debit programs have become increasingly popular in the United States, totaling roughly $13 billion in payment value. Such programs are offered by well-known brands, including Target, Kroger, and Circle K, as a consumer loyalty strategy. Companies such as ZipLine, First Data, and BIM Networks implement private label debit programs for such brands. (en) |
| dbo:wikiPageID | 61268496 (xsd:integer) |
| dbo:wikiPageLength | 3309 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1112106567 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Circle_K dbc:Electronic_funds_transfer dbc:Debit_cards dbc:Payment_systems dbr:Target_Corporation dbr:Automated_clearing_house dbr:Kroger |
| dbp:wikiPageUsesTemplate | dbt:Bank-stub dbt:Orphan dbt:Reflist |
| dcterms:subject | dbc:Electronic_funds_transfer dbc:Debit_cards dbc:Payment_systems |
| rdfs:comment | Private label debit refers to a merchant-branded card or mobile payment app that utilizes an automated clearing house (ACH) to directly debit consumer checking accounts. Used in a closed-loop environment, private label debit offers secure transactions through PIN protection or tokenization. Private label debit programs have become increasingly popular in the United States, totaling roughly $13 billion in payment value. Such programs are offered by well-known brands, including Target, Kroger, and Circle K, as a consumer loyalty strategy. (en) |
| rdfs:label | Private label debit (en) |
| owl:sameAs | wikidata:Private label debit https://global.dbpedia.org/id/C1VmT |
| prov:wasDerivedFrom | wikipedia-en:Private_label_debit?oldid=1112106567&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:Private_label_debit |
| is foaf:primaryTopic of | wikipedia-en:Private_label_debit |