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Debit or Credit – Do Merchants Have a Choice?

April 20, 2010 Posted by Michael Brooks in Marketing and Sales Practices

If your merchant account is set up to accept only credit cards (i.e. you are on online merchant or you do not have the ability to accept PIN-based transactions), then the answer is simple – you can only accept credit card transactions at this time.  If you accept POS (Point of Sale or in-person) transactions, you can offer your customers the option.  That is, if your processing system is set up to accept PIN-based transactions.  So, if you have that option – of offering debit or credit – what’s the difference you ask?   Continue reading "Debit or Credit – Do Merchants Have a Choice?"