Category Archives: PIN Pads

Signature Debit Fraud Runs 15 Times Higher Than on PIN Debit

Digital Transactions News Oct. 12, 2005 “Financial institutions lost an estimated $546 million to debit card fraud in 2004, with fraud rates running much higher on signature-based cards than on cards secured with PINs, according to study released this week. … Continue reading

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Why More Merchants Are Adopting PIN Debit

Digital Transaction News April 4, 2004 “Debit cards linked to personal identification numbers are slowly but surely penetrating more and more merchant locations, and as a result PIN debit transactions will begin to overtake transactions on signature-based debit cards within … Continue reading

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