The Fintech Times

AUGUST 12, 2024

The 2024 PULSE Debit Issuer Study reveals that in 2023, the total number of debit cards, transactions and annual spending per active card all saw substantial increases. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

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Debit Card Consumer Debit Transaction Point-of-Sale (POS) 64

Payment Savvy

JULY 3, 2024

Different Types of Debit Card Transactions There are two main types of debit card transactions: signature debit and PIN debit. Signature debit transactions occur when a customer signs to authorize the payment. Signature debit transactions are commonly used by ecommerce businesses.

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Debit Card Process Debit Transaction Processors 52

PYMNTS

NOVEMBER 12, 2019

In its 2019 Debit Issuer Study , PULSE said debit transactions have seen an accelerating growth rate, from 5.3 billion transactions. The rise, according to PULSE, has come in tandem with a sharp increase in card-not-present (CNP) transactions, which have seen growth rates of about 24 percent. percent in 2017 to 6.7

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Fraud Detection Debit Network Issuers Risk Mitigation 40

Fintech Finance

SEPTEMBER 9, 2024

At a time when organizations are increasingly exploring fiscal efficiencies, Adyen’s Intelligent Payment Routing ensures that enterprise businesses processing US debit transactions do not need to choose between cost, acceptance, or speed. From 2022 to 2023, the number of debit card transactions increased by more than 27%.

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Debit Transaction Transactions Debit Card Payments 71

PYMNTS

OCTOBER 14, 2020

“Debit cards remain the payment method of choice among U.S. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. Touchless Debit, Meet Cybercrooks. Numbers tell the tale.

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Consumer Debit Card Debit Network Identity Theft 73

PYMNTS

NOVEMBER 23, 2016

The company said that, with the chip cards, routing and processing of debit transactions are made possible across two payment application identifiers (AID) that are contained on the chip. Common Debit AID and the Visa Debit AID. The AIDs are known as the U.S.

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Adjustments Chip Cards EMV Debit Transaction 60

PYMNTS

APRIL 1, 2020

Such concerns drove the federal government to pass the Durbin Amendment as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, but this was not the first attempt to improve the debit card situation. Mastercard and Visa handled more than 80 percent of debit transactions in 2009 — the year before the amendment passed.

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Debit Card Electronic Funds Transfer (EFT) Debit Transaction Federal Reserve 56