Debit card transactions are on the rise. Easily integrate this option into your payment acceptance mix.

TrustCommerce debit card processing software can accommodate both PIN-based and PIN-less debit card transactions. Whether you choose TC POS Vault or integrate with your internal POS system using TCLink API, we have a solution that is right for you.

Debit Card Processing

The ability to process debit card payments provides an added level of convenience to your customers and increases your sales opportunity. For customers without a credit card, or businesses where small purchases are common, debit cards are a must. Debit card use is expected to grow to 60.9 percent of purchase volume by 2012, according to The Nilson Report.

Debit card processing benefits merchants in many ways:

Payments are deposited quickly
Less expensive than processing credit cards
Same security and features as TrustCommerce credit card offerings
PIN-less debit allows merchants to accept online debit payments
Customers view debit as more convenient than cash and checks

TrustCommerce continues to innovate and pursue advanced security features by partnering with reputable device manufacturers.

More consumers have debit cards than credit cards, and consumers use debit cards more often than cash, credit cards, or checks individually.

Source: "The Survey of Consumer Payment Choice," Federal Reserve Bank of Boston, Jan 2010

ACH payment volume increased by more than 475 million transactions in 2009, bringing year-end total transaction volume to 18.76 billion, according to NACHA.

There are more than 609.8 million credit cards held by U.S. consumers.

Source: "The Survey of Consumer Payment Choice," Federal Reserve Bank of Boston, Jan 2010