PYMNTS

MARCH 19, 2019

Coverage includes Xiaomi’s unveiling of its Mi Pay mobile payment service in India. In addition, the number of people making mobile payments in stores is on the move in Vietnam and more than four in 10 credit and debit transactions were processed through contactless technology in the United Kingdom last year.

Mobile Payments 59

Mobile Payments Debit Card Debit Transaction Contactless Payments 59

PYMNTS

JANUARY 21, 2021

This digital shift coincides with consumers’ growing trend toward using debit cards for eCommerce as well as for brick-and-mortar purchases. One recent PYMNTS study found that 28 percent of millennials now consider themselves debit-centric users, indicating that debit use is also strong among younger generations.

Debit Card 59

Debit Card Online and Mobile Banking Debit Transaction Issuers 59

Stax

MARCH 14, 2024

Currently, in the United States, most credit cards are chip and signature, while most debit cards are chip and PIN. Like magnetic strip credit cards, you sign for a purchase when using a chip credit card. When using a chip debit card, you enter a PIN just as you did with your magnetic strip debit card.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

PYMNTS

SEPTEMBER 14, 2020

PYMNTS latest Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company, notes, “Many shoppers are turning to options like contactless debit cards that can be waved over POS terminals, or they may be steering clear of brick-and-mortar locations altogether by simply buying their items online or via apps.”.

Debit Transaction 57

Debit Transaction Contactless Payments Debit Card Funds Availability 57

PYMNTS

APRIL 30, 2020

Those declines were offset at least in part by what management characterized as a long-standing shift to contactless payments and a move away from cash transactions. As had been seen with payments networking peer Mastercard, Visa said that its latest quarter showed greater traction in debit transactions than in credit.

Transactions 89

Transactions Cross-Border Volume Contactless Payments 89

PYMNTS

SEPTEMBER 9, 2020

These two forces appear to be driving an increase in consumers’ use of touch-free debit payment options. Many shoppers are now loading their debit card details into mobile wallets and ordering apps, keying the information into online checkouts or waving contactless debit cards at POS terminals.

Debit Card 64

Debit Card Credit Union Service Organization Point-of-Sale (POS) Contactless Payments 64

Cardfellow

MAY 19, 2025

With a credit card machine, youll be able to take credit and debit. Some models include built-in PIN pads for PIN debit transactions.) Some machines let you take magstripe, EMV chip, and NFC (contactless) payments while others only accept magstripe and EMV.

Credit Cards 45

Credit Cards Small Business Processors Process 45

Stax

JULY 9, 2024

Learn More Debit and credit card transactions Perhaps the most commonly known EFT payment type is credit and debit card transactions. Unless your business is intentionally cash-only, you’ll likely need to accept the major card brands such as Visa and MasterCard to stay in business.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

PYMNTS

JANUARY 29, 2019

Drilling down a bit into what lies beneath those numbers, payments volume in the latest reading stood at $2.1 Credit transactions were up 10 percent, and debit transactions were up 12 percent. Contactless payments also have been growing at double-digit rates.

Volume 46

Volume B2B Cross-Border Credit Union 46