Remove Debit Network Remove Debit Transaction Remove Point-of-Sale (POS)
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US Debit Card Usage Soars as Consumers Embrace Convenient Payments

The Fintech Times

Commissioned by Discover® Financial Services’ PULSE debit network and conducted by Banking & Payments Group , the study gauged insights from large banks, credit unions and community banks. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

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Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible.