Stax

MARCH 13, 2025

Credit and debit cards have become the preferred payment methods for many, and it isn’t hard to see why. In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. This is a win-win situation for issuing banks and credit card payment networks.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

NFCW

JUNE 20, 2025

TAP TO TRANSFER: NFC P2P feature lets Samsung Galaxy users tap their phones to send money Samsung Galaxy owners in the US can now transfer funds directly to a contact’s bank account by just tapping their two phones together — or by simply bringing the recipient’s contactless bank card into close proximity.

P2P 67

P2P Debit Card CHIPS Payments 67

The Fintech Times

MARCH 19, 2025

There are now 149 million contactless cards in circulation, covering 93 per cent of debit cards and 94 per cent of credit cards. This could boost revenue, especially for businesses that previously had to rely on chip-and-PIN or cash for higher-value transactions. Only 11 per cent chose Chip & PIN.

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. mobile-first bank accounts.

Debit Card 71

Debit Card Checks Accounts Venmo 71

Payment Savvy

JULY 3, 2024

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. Every merchant should prioritize taking the time to understand debit card processing to streamline operations and enhance customer satisfaction.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Payment Savvy

DECEMBER 2, 2022

Until recently, people made their credit and debit card payments with a bit of distrust because they were afraid of scammers stealing their card information through the card’s magnetic stripe. With NFC, you don’t need to insert a card and input a PIN. This is the most typical form of contactless payment.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Fintech Labs Insights

JULY 21, 2015

Website visitors receive thorough explanations, how-to graphics, and a short video showing how to insert a chip card in a reader. And the bank’s explanation of the new technology was a little verbose. Enhanced security with chip technology. Your new card now features greater fraud protection – built right in.

CHIPS 26

CHIPS EMV Bank Card Chip Cards 26