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Debit Surge Has Ripple Effects On Networks And Issuers

PYMNTS

PYMNTS’ own research has shown that 59 percent of more than 2,270 consumers are finding it harder to pay their bills, and of those who were determined to be living paycheck to paycheck, only 30 percent of respondents said they prefer to pay for their eCommerce purchases with credit cards; about half opt for debit cards.

Issuers 82
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How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud

PYMNTS

Lerdal pointed to P2P payments and eCommerce as key areas of attack. “In In the old days, it was ATMs and the point of sale [POS],” he said. In the event that a challenge pops up for a legitimate transaction, he noted, the consumer expects that the company will know them, and that the decision will be reversed quickly.

ATM 67
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Visa: Tap-To-Pay Gains Steam, As B2B Volume Hits $1T, Annualized

PYMNTS

Within that figure, debit payments were up 11 percent in constant dollars to $1 trillion, while credit transactions were up 7 percent to $1.2 Total transactions and processed transactions were both up 11 percent to a respective 53.2 trillion for the quarter. billion and 36.4 billion, as measured company wide.

Volume 42
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Credit Card Surcharge Signs: Compliance, Design, and Best Practices

EBizCharge

Signage must be strategically displayed at all business entry points, alerting customers to the surcharge before any credit card transactions occur. Signs are necessary at the point of sale (POS) system where credit card payments are processed.

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50 Fintech Buzzwords Explained

M2P Fintech

Biometric Payments Biometric payment refers to a transaction method at the point of sale (POS) that uses biometric authentication methods such as fingerprints, iris scans, or facial recognition to ensure secure transactions.

FinTech 59