article thumbnail

A Debit-Enabled Fix To In-Store Checkout Abandonment

PYMNTS

Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards.

article thumbnail

Rediscovering The Missing Principles Of Faster Payments

PYMNTS

For more than 30 years, INTERAC has been Canada’s debit network facilitating secure financial transactions. But how is the industry supposed to get there? It may require taking a look at a market that truly “gets” faster payments, which can be found by just looking north.

article thumbnail

EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

Chip and PIN cards are authorized with the cardholder’s personal identification number (PIN), while chip and signature are authorized by the cardholder’s signature that is matched to the back of the card or to a signature on file in the credit card’s database.