PaySecure testing online PIN-debit card payments

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PaySecure testing online PIN-debit card payments

03-16-2009, 02:51 PM,

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Kristijntje Offline

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PaySecure testing online PIN-debit card payments

Quote: Consumers who prefer paying with debit cards than credit cards have been able to pay with debit online as long as their debit cards carry a Visa or MasterCard logo, as most do. But they havenât been able to enter a personal identification number, routing the transactions through the networks that handle ATM transactions. Thatâs about to change.

Two of the ATM and PIN-debit networks have agreed to test the PaySecure system from Acculynk, and two more are expected to announce their participation soon. That represents about half of the high-volume PIN-debit networks, which means a substantial number of cardholders will be able to use payment method at participating merchants, says Mike Strada, manager of debit product at Chase Paymentech Solutions LLC, which says it processes half of all online purchases in the U.S...

full article: http://www.internetretailer.com/dailyNews.asp?id=29750

Al draagt een aap een gouden ring, het is en blijft een lelijk ding

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