PYMNTS

NOVEMBER 14, 2019

antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg.

Debit Card 70

Debit Card FTC Visa Federal Trade Commission 70

Payment Savvy

JULY 3, 2024

Different Types of Debit Card Transactions There are two main types of debit card transactions: signature debit and PIN debit. Signature debit transactions occur when a customer signs to authorize the payment. Signature debit transactions are commonly used by ecommerce businesses.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

PYMNTS

JANUARY 30, 2020

The data of 4 million breached debit and credit cards was even posted for sale in late 2019, stolen from four restaurant chains between April and September 2019, and recently made available for purchase on Joker’s Stash, an online black market. Card issuers, networks and retailers all must play a part in defending against such breaches.

Debit Card 73

Debit Card Security Fraud Detection Federal Trade Commission 73

PYMNTS

APRIL 1, 2020

Merchants had previously come together to file lawsuits , alleging major banks and card networks were acting as monopolies to maintain high charges for debit transactions. The amendment aimed to ease this strain by protecting merchants and consumers from paying high fees to banks and payment card networks.

Debit Card 56

Debit Card Electronic Funds Transfer (EFT) Debit Transaction Federal Reserve 56

Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. A PIN pad allows customers to enter PINs for debit transactions.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88