Debit or Credit – Do Merchants Have a Choice?
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?"


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