Are Signature and Pin-Secured Debit Growing at Same Rate?
Texas Banking › Vol. 93 Nbr. 12, December 2004
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Summary
The transaction volume for signature debit has historically been greater than that of PIN-secured debit. But thanks to an April 2003 settlement between merchants and card associations, financial institutions now have less incentive to promote signature debit over PIN-secured, while merchants have less incentive to promote PIN-secured debit over signature.
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Extract
Are Signature and Pin-Secured Debit Growing at Same Rate?
The transaction volume for signature debit has historically been greater for a number o...
See the full content of this document
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