| PIN-based transactions occur at the point of sale, and are defined by the entry of a PIN (Personal Identification Number) by the cardholder. Also referred to as online debit. | |
| PINless debit transactions are conducted without the cardholder present and are generally used only in processing environments with recurring transactions, such as utilities or other bill payments. | |
| Signature debit, also referred to as offline debit, is the use of a check card issued by a bank and with a Visa or Mastercard logo. During the transaction, the cardholder can elect to use the card as Debit (PIN-based) or Credit (Signature-based). |
| 30% of all debit point of sale transactions are in the retail segment | |
| 18% of debit is transacted in the Travel & Entertainment industry | |
| 9% is processed for utility/bill payments | |
| 54% of grocery purchases are made with debit cards |
| Accel | Maestro | ||
| AFFN | NYCE | ||
| Alaska Option | Pulse (includes Money Station) | ||
| CU24 | Shazam | ||
| Interlink | Star | ||
| Jeanie | Tempo
|
Keeping your register ringing is no simple task. With staff to train, customers to please, and budgets to stretch, you need a payment processor that shares your commitment to competitive pricing and superior service. This is why Payment Transaction Systems is the choice for retailers of all sizes. We give you a full range of solutions that expand your customers' payment options, which means expanding your opportunities for profit, and sales.
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