Debit Cards

Debit Cards

issued by financial institutions and tied to cardholders’ DDAs. Sometimes referred to as online debit cards, these cards carry the logo of one or more debit network and require the input of cardholder’s PIN at the point of sale.  The PIN takes the place of the signature.  In some instances, these cards are much cheaper for merchants to accept. However, that usually depends upon how the merchant was priced by the prior processor.

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