PinDebit

General:

With PIN debit payments, electronic deposits are made to the merchant accounts automatically, simplifying daily deposit reconciliation and improving cash flow.

Facts:

• Encourage repeat business and earn customer loyalty
• Seamless integration into third-party software packages
• Interchange rates for PIN debit are lower than for credit card and signature debit cards.

How to Fund:

Credit Cards

Security and Privacy:

Because only the customer knows his or her PIN, signature comparisons at checkout are unnecessary, which minimizes the potential for fraud.