Debit – PIN and Signature
Your Customers Prefer Pin Debit – but is it right for you?
Should you be taking PIN Debit? The Landscape for PIN Debit changed dramatically several years ago the passing of the Durbin Amendment. Under Durbin a cap was established as to how much a transaction can cost with PIN Debit. However, banks facing a huge loss in revenue raised all transactions to that cap level (22 cents and .05%). This was great for merchants with a high average ticket size. But if you are a QSR with a small average ticket this more than doubled your cost per transaction. FPN has strategies to help you turn that back around.
Extensive (over 160 brands) experience with franchisee needs
Franchise Payments Network is the only payment processing company solely dedicated to the franchise industry.