PIN Debit vs. Signature Debit

So which is cheaper, PIN debit or signature debit? A rough rule of thumb is that PIN debit transactions are cheaper for businesses with larger average transactions. Signature debit is cheaper for businesses with smaller average transactions. There are expections, but this can be generally applied as a quick way to gauge the lower cost. …

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Many Processors will Profit from Durbin Fee Reductions

Leading credit card processing comparison Website CardFellow.com is cautioning merchants that they may not benefit from reduced interchange fees proposed by the Durbin Amendment. The online marketplace is advising merchants to switch to a credit card processor that…