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.

Consumer 73

Consumer Debit Card Debit Network Identity Theft 73

PYMNTS

APRIL 1, 2020

Mastercard and Visa handled more than 80 percent of debit transactions in 2009 — the year before the amendment passed. billion debit purchases that year, for example, and merchants paid $0.44 on average for each debit card payment they accepted, incurring costs of 1.2 Issuers took in $16 billion worth of interchange fees on 37.9

Debit Card 56

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

PYMNTS

JUNE 3, 2020

Consumers are also rethinking whether they should be paying for goods with cash, credit cards or debit cards. The volume of grocery purchases made over PULSE’s debit network was 25 percent higher than usual during March 17 to March 24, for example. percent higher than PSCU had seen during the same period in 2019.

Consumer 55

Consumer Debit Card Credit Cards Credit Union Service Organization 55

PYMNTS

MARCH 14, 2017

Legacy technology can only go “faster” — it cannot achieve the consumer requirement of “instant” and immediately be available for consumers to spend” Fortunately, the technology is already in place to meet this consumer demand for instant guaranteed funds. Behind the scenes, the network has encountered an error and cannot reach the card.

Consumer 40

Consumer Push-to-Card P2P Gateways 40