Debit transactions are one of the fastest growing methods of payment
available today. Indepay offers secure, industry standards based
debit acceptance solutions for merhcant estabishments allowing
them to leverage the largely nascent debit cards consumer base.
Paying with cash or check can be costly for customer
and merchant alike. For the customer, having cash on hand often
means an extra trip to the bank or ATM, and for the retailer,
checks may have burdensome costs while cash is prone to shrinkage.
With Personal Identification Number (PIN) debit, customers simply
enter their PIN, verify the transaction total and press enter.
With no additional identity verification required, all that’s
left is to hand them the receipt.
Not only one of the fastest methods of payment
available, debit cards are emerging as a customer favorite. With
debit payments, electronic deposits are made to the merchant accounts
automatically, simplifying daily deposit reconciliation and improving
cash flow. In many cases, interchange rates for debit are lower
than for credit card.
PIN debit works similarly to other cards, but
because only the customer knows his or her PIN, signature comparisons
at checkout are unnecessary, which helps control processing costs
and minimizes the potential for fraud.
Business Benefits
- Process and verify faster and more securely
- Lower processing costs
- Encourage repeat business and earn customer loyalty
- Increase average ticket size
Customer Benefits
- Pay quickly and reliably
- Make fewer trips to ATMs
Features
- Seamless integration into third-party software packages
- Easy integration with reporting solution that tells you
who your customer base is and how they prefer to pay
Submit your sales inquiry online
and get a call back in as little as one day.
Need help? Visit Customer Support.
