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Debit Cards – Swipe or PIN Entry? Why banks want you to swipe.

PIN debit makes cost-effective sense for the merchant, as well as safety, speed and security for the consumer. Why do banks want you to swipe?

Debit Card use Surpasses Credit Cards

For the first time in Visa’s history debit card use surpassed Credit Cards in the fourth quarter 2008. U.S. debit card volume was $206 billion, versus a credit card volume of . . .

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