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US Debit Card Usage Soars as Consumers Embrace Convenient Payments

The Fintech Times

The 2024 PULSE Debit Issuer Study reveals that in 2023, the total number of debit cards, transactions and annual spending per active card all saw substantial increases. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

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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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OnDeck Launches Same-Day ACH Service For SMB Borrowers

PYMNTS

local time, as per National Automated Clearing House Association (NACHA) caps, as long as small businesses complete their booking or line of credit draw by 10:30 a.m. “We were the first online small business lender in North America to offer instant funding via the Visa debit network. . on a business day. ”

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Can Gold Do For Business What Bitcoin Should Have Done?

PYMNTS

For all the hype that cryptocurrencies have received in the last year or so, MacMullin argued that the market cap is far too low, and volatility far too high , for these technologies to be worth the risks, especially for a business. Basically, we created a global debit network based on top of gold,” he said.

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Delivering Instant, Guaranteed Funds to Consumers

PYMNTS

Behind the scenes, the network has encountered an error and cannot reach the card. A redundant system will automatically reroute the transaction using the card’s supported PIN debit network like Pulse or Star. PYMNTS: What does the future of push payments look like?