DENVER -- In a keynote address designed to mark debit point of sale's emergence as a significant payment option, the president of the nation's largest debit transaction processor offered a bold prediction at a conference here:

"We predict checks and credit Lcarus] to remain virtually flat through the year 2000," said Michael Douglas, president and chief executive of Buypass Corp., an Atlantabased unit of ElecIronic Payment Services Inc.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.