PYMNTS

OCTOBER 7, 2020

Six of these levers are all about optimizing payment authorization data to ensure card transactions are approved at the highest possible rate. The second is transaction timing, which can make sure that the customer actually has sufficient funds in their account at the time of payment authorization.

Transactions

Stax

MARCH 14, 2024

TLDR Chip and PIN vs chip and signature refers to the way the cardholder provides authorization for the purchase. Whether signature or PIN authorized, EMV chip cards are the new global standard for debit and credit cards due to the increased security of EMV technology over the classic magstripe.

Chip Cards

PYMNTS

APRIL 1, 2020

Major worldwide credit card networks turned their attention to the debit market in the 2000s, however, and acquired PIN networks to gain footholds in the growing space. These larger operators sometimes made deals with card issuers, under which the latter would agree to only route payments over the former’s networks.

Debit Card

Cardfellow

FEBRUARY 27, 2025

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?

Debit Transaction