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AI for Debit Routing: Saving on Debit Transactions

Cardfellow

In this article, well look at the first one – how AI can help save your business money through debit card interchange optimization. Debit Routing Background The Durbin Amendment and PIN Debit Routing Choosing Debit Networks AI for Debit Routing Which processors offer AI debit routing optimization?

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Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

Global operators’ growing dominance over smaller competitors thus sparked concerns that the bigger networks’ exclusivity deals were quashing competition, sparking the need for protective legislation. Consumers’ funds are then sent to PIN debit network operators, which extract interchange fees and pass the rest to merchants’ banks.