Debit card processing can save your business hundreds of dollars every
year. Currently, about 25% of all POS credit card transactions are
actually made with a debit card. Many processors, however, don't
make merchants aware of the savings available by running these
transactions as pin based debit transactions.
When processed as a pin based debit card, these transactions don't have
as large of a discount fee or percentage rate charged to the merchant.
There is only a small transaction fee and a reduced network fee
percentage. This fee varies depending on the network parameters
associated with a particular transaction.
Generally, transactions above $30.00 run with a pin based debit card
will save you, the merchant, several cents per transaction. The
amount saved depends on the transaction size. The larger the
transaction is, the more you will save by running pin based debit
transactions.
With the banking industry promoting the use of debit cards, your
customers are already expecting you to be able to accept them.
With Stickman Business Services processing plans, we enable all debit
card networks, even armed forces cards.
We can even add pin debit capability to many older terminals, and our
new terminals have pin pads already built in.
In addition, we use the latest encryption standards to help insure the
safety and integrity of your transmitted data, helping to prevent fraud.