Bank Card Card Issuer Debit Card 
Stax
MARCH 13, 2025
Credit and debit cards have become the preferred payment methods for many, and it isn’t hard to see why. In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. This is a win-win situation for issuing banks and credit card payment networks.
Payments Dive
FEBRUARY 16, 2023
Bank card issuers say there isn’t enough network competition to meet the July debit card routing rule deadline, adopting regulators’ argument to push back.
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Clearly Payments
NOVEMBER 13, 2024
In payment processing, one component of the payment processing tech stack involving credit or debit cards is the Bank Identification Number or BIN. For instance, it indicates the issuing bank, card type (credit, debit, or prepaid), and sometimes the country of issuance. Why is the BIN Important in Payments?
Stax
NOVEMBER 21, 2024
Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%.
Payment Savvy
AUGUST 3, 2023
When you run any BIN number through a checking system, you end up with accurate information about the geolocation, card issuer, and card type. Since online banking systems have become more popular and virtual cards have become a norm, BIN numbers aren’t necessarily bank-issued. Are BINs globally unique?
FICO
JUNE 22, 2016
The Millennial generation came of age during the Great Recession and some studies from Bankrate and others, have shown they are credit averse, and favor debit cards over credit cards. Yes, I’d like a Credit Card. Millennials (those born between 1997-1981) now number 75.4 million, just pipping the Boomers at 74.9
EBizCharge
AUGUST 12, 2024
When navigating the realm of credit card processing, it’s crucial to distinguish between merchant acquirers (acquiring banks), card issuers, and payment processors, as each plays a distinct role in the card transaction ecosystem. Card issuers are banks or financial institutions that issue credit cards to consumers.
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