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How a PIN Works on Credit Cards and Debit Cards

Clearly Payments

This guide explains how a PIN functions in credit and debit card payments and its importance for merchants. A PIN is a four- to six-digit numerical code assigned to a credit or debit card by the card issuer or chosen by the cardholder. If the PIN is correct, the transaction proceeds. What is a PIN?

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Canadian Payment Trends for 2024: What You Need to Know

Clearly Payments

The year 2024 is anticipated to witness a surge in contactless payments, as the ease and swiftness of these transactions become even more deeply ingra ined in the daily routines of Canadians. In a move aimed at promoting the usage of digital wallets and contactless payments, credit card issuers (i.e.