Q: Theterms “PIN-based” and “signature-based” oftencome up in discussions about debit card acceptance. What do theseexpressions mean? And how do the payment options differ? A: Theterms refer to the ...

Debit is the most preferred payment option among consumers and contactless payments have doubled in the year since the declaration of the Covid-19 pandemic. That’s the assessment from the “Tracking ...

When you use your debit card to pay for purchases, you're often given a choice to use your debit card as credit. It might sound like you get to use your debit card as a credit card, but this isn't the ...

Merchants who accept card payments through a point of sale (POS) system may find themselves in the position of running a force pay debit transaction - triggering a force pay debit memo. A force pay ...

Walmart is suing Visa for allowing customers to verify chip-enabled debit card transactions with a signature instead of a PIN. The lawsuit filed Tuesday in New York Supreme Court says that Visa ...

The EFT networks are broadening their product lineups, but are EMV and the global networks getting in their way? Eyeing high-growth payment markets such as e-commerce, the surviving electronic funds ...

Many banks are still processing at least some checking account transactions from largest to smallest, possibly triggering more in overdraft fees for customers, a new survey found. The banks continuing ...

DTE will add a per transaction processing fee to customers who use debit or credit cards to make utility payments, starting ...

Debit reversals and chargebacks are an ongoing headache for small businesses. Consumers can reverse a debit card purchase for several reasons as long as their bank agrees to the reversal. Debit ...

Card-not-present debit transactions surged 21% year-over-year in 2019, according to a new study commissioned by Discover Financial Services’ PULSE debit network and conducted by Oliver Wyman. The 2020 ...

HOUSTON--(BUSINESS WIRE)--Card-not-present debit transactions surged 21% year-over-year in 2019, according to a new study commissioned by Discover Financial Services’ PULSE ® debit network and ...