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Rambus Brings Apple Pay To eftpos Cardholders

PYMNTS

announced news of a partnership with domestic Australian debit network eftpos. The collaboration will allow eftpos to support Apple Pay through its issued debit cards. Rambus, which launched a comprehensive mobile payments platform earlier this year, is helping eftpos bring tokenization to Australian cardholders.

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How Much Are Debit Card Processing Fees

Payment Savvy

Since PIN debit transactions are processed directly through debit networks (Interlink or Maestro, for example), they generally incur lower fees compared to signature debit transactions. Knowing the factors that influence these fees and implementing strategies to reduce them can significantly enhance your profitability.