Online and Offline Debit Cards
Debit Card Processing:
Maestro (MasterCard)
Interlink (Visa)
Star System
Pulse and NYCE
Most businesses choose to use debit cards instead of Visa or Mastercard for the basic fact of costs. The money from Debit cards are immediately transferred to your account. When you are at a store location the card is swiped and then you are prompted to input a secure pin number. The system automatically checks to see if there are funds in your account and creates a debit against that.
What is an Off Line Debit Card?
Off line debit cards which are normally used but can be used requires a signature rather then it instantaneously coming from your checking account. The customer in this instance signs a receipt rather then inputting a pin number.
Why Should I use Debit Cards?
For one its all a matter of having a pin number to purchase items and goods without being hassled in showing your drivers license. For the merchant its a lot cheaper having the customer use the debit rather then using Visa or Mastercard.
Related Articles
For small businesses, accepting credit card payments has become essential in today’s fast-paced, digital-first economy. However, navigating the complexities of credit card proces...
In an increasingly digital world, non-profit organizations must adapt to changing technology and donor preferences to maximize their fundraising potential. Online donation processi...
In the retail landscape, accepting various payment methods is crucial for meeting customer expectations and maximizing sales opportunities. While credit and debit cards dominate th...
In today’s digital marketplace, having a reliable and efficient payment gateway is essential for e-commerce success. Payment gateways are the technology that securely authorizes ...
If your business has been labeled “high-risk” by payment processors, you may have encountered challenges when trying to open a merchant account. High-risk businesses face highe...
In today’s fast-paced retail environment, having the right Point of Sale (POS) terminal is crucial for ensuring efficient transactions and providing a seamless customer experienc...
For businesses that accept credit card payments, processing fees can quickly eat into profits. Understanding how to minimize these fees is essential to maximizing your bottom line....
In today’s fast-paced digital economy, accepting credit cards and other forms of electronic payment is essential for most businesses. A merchant account is the key to unlocking t...
When managing a business, accepting credit card payments through merchant accounts can significantly boost sales and improve customer satisfaction. However, many business owners fi...
When your business needs funding, there are many financing options to consider, each with its own pros and cons. Two common options are merchant cash advances (MCAs) and traditiona...
