The use of Check Cards or Debit Cards has steadily increased each year by approximately 24% since 2001. Cardholders like the option of using their card at the point of sale as either a Pin Based transaction (a pin number is entered and the money withdrawn from the cardholders account) or as a Signature based transaction that allows you to pay as you would with a credit card. MeritCard is connected to virtually every Debit and EBT Network available:

 

MPACT                               Pulse              

 

Merchants that accept Pin Based Debit transactions can reduce the cost of accepting credit cards significantly because of the lower Interchange cost associated with this card type. Debit card processing can be added to existing terminals with a Pin Pad while some of the more advanced terminals have built-in Pin Pads available.