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Transaction Times - Credit/Offline Debit vs Online PIN-based Debit

Tags » Card Payments, Credit Cards, Debit Cards, Merchants, On-Line Strategies, Processors » Comments (0)

Over on his Payment Systems blog, Andy Orrock, COO at On-Line Strategies, shares some insights into transaction times for various payment card transaction times from a large merchant.

I found the time difference between credit and offline debit cards vs. online PIN-based debit cards to be interesting with PIN debit taking 1.6 times longer. Andy shares his explanation of the timing difference in the comments.

Posted: Sep 21, 2009 05:16 AM Pacific | Permalink | |

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