Deb™ is a consumer, business and government membership-facing portal that is delivered as a mobile and Internet-based application.
Deb™ pre-approves non-government members — consumers and businesses — to be member account holders in the Deb™ network.
Network members exchange their money (cash, credit cards and debit cards) to a 100% collateralized account for Deb™ Credit, backed by U.S. dollars in U.S. banks.
Consumer members use Deb™ Credit to pay for services and products.
Deb™ is a compliant, innovative FinTech solution, and it is U.S.-based and offered through financial institution registration with the U.S. Department of the Treasury.
Business members use Deb™ Credit to make purchases, pay employees through network-offered payroll services, pay vendors … and even pay taxes electronically (to participating government entities) throughout the Deb™ network. The complete business operating system Deb™ includes for business members also delivers complete accounting, inventory control and POS systems.
When it is necessary to pay outside the network, all members — consumer, business and government — redeem Deb™ Credit or make payments through a variety of electronic payment options.
As an Deb™ member, you can exchange your money (using cash, credit card or debit card) for Deb™ Credit. Your money is placed in a 100% collateralized account in U.S. banks, and it is exchanged at the rate of $1 = 1 Deb™ Credit.
Then, backed by U.S. dollars, you can use your Deb™ Credit to pay for services and products wherever Deb™ Credit is accepted. The network is growing, so ask your favorite retailer to begin accepting Deb™.
You can even pay bills in the same fashion … or move Deb™ Credit to a family member or friend. If you need to send outside the network, you simply go to your Dashboard, and redeem Deb™ Credit, and send the funds to anyone … anywhere. You choose whether to send as an ACH (directly to an account) an eCheck or a wire (fees for sending outside the network start as low as $1.50 for most transactions).
Apple / Google App Store Info
Free Yourself – From Cash … with Deb™.
Deb™ is an innovative mobile pay solution that lets consumers and businesses transfer funds electronically:
- consumer-to-consumer
- consumer-to-business
- business-to-consumer
- business-to-business.
Why risk carrying cash around when there’s Deb™? Now you can use Deb™ to pay for products and services, even if you don’t have a bank account.