Finding someone who can offer you Pin-less debit is not as easy as finding a merchant processor. Not every merchant processor offers this service.
Nor can every business offer pin-less debit. Only those who provide regulated services, including utilities, lenders and government agencies can offer it.
Online debit has increased from <20% to over 45% in recent years. This represents a huge opportunity for eligible businesses to reduce costs. Pin-less debit costs a lot less than traditional online debit transactions.
As merchants demand relief, there may be additional regulatory changes in this area.
3DMerchant.com is the web site for First Payment Systems representative Christine Speedy. First Payment Systems is an Independent Service Organization for First Data, Chase Paymentech and others, all of whom offer pin-less debit. Not all ISO’s offer pin-less debit.
If you are ready to implement pin-less debit now or you need additional information, please call us at 954-942-0483. It could save you a bundle.