article thumbnail

Interac, Bambora bring Canada's debit network to the online world

Payments Source

Interac and Bambora see an opportunity to pull back Canadian domestic e-commerce transactions from credit cards to Interac debit and make it possible for Canadians to shop online in the U.S. with Interac cards.

article thumbnail

A Big List of Payment Gateways

Clearly Payments

Clearent: Credit card processing solutions (United States). Clearly Payments: Online credit card processing solutions using Fiserv, Elavon, Auth.net, and more (Canada & United States). E-xact Transactions: Payment gateway and online credit card processing (International). International).

article thumbnail

FICO’s Take On Debit Security

PYMNTS

The inaugural Next-Gen Debit Tracker® details the evolving debit payments space and the payment methods’ role in banking and retail, as well as emerging strategies to combat fraud attempts. Around The Next-Gen Debit World. Card fraud is an ever-present threat. Fraudsters Flock To Debit Cards’ Weak Points.

article thumbnail

AI for Debit Routing: Saving on Debit Transactions

Cardfellow

In this article, well look at the first one – how AI can help save your business money through debit card interchange optimization. Debit Routing Background The Durbin Amendment and PIN Debit Routing Choosing Debit Networks AI for Debit Routing Which processors offer AI debit routing optimization?

article thumbnail

EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

Chip and PIN cards are authorized with the cardholder’s personal identification number (PIN), while chip and signature are authorized by the cardholder’s signature that is matched to the back of the card or to a signature on file in the credit card’s database. Can I Run an EMV Debit Card “as credit”?

article thumbnail

GoCardless Debuts In US With Recurring ACH B2B Payments Sevice

PYMNTS

rollout comes as GoCardless opens up its ACH recurring debit payment service, allowing companies to use its platform to allow consumers to make recurring ACH payments instead of using credit cards to pay.

ACH 51
article thumbnail

How Much Are Debit Card Processing Fees

Payment Savvy

Unlike credit card processing fees , which can be higher due to the risk of credit, debit card fees are generally lower because the funds are directly debited from the customer’s bank account, reducing the risk of non-payment. Signature debit transactions occur when a customer signs to authorize the payment.