Thursday, September 10, 2009

Consumers more willing to use PIN debit online

ATLANTA (9/10/09)--Consumers are more willing to use their debit card and personal identification numbers (PIN) when paying online, according to a payment software solutions provider.

About 56% to 60% of consumers that are presented with Acculynk's Pay Secure solution choose to complete their purchase online with a PIN entry instead of processing the transaction as credit. Of the consumers that choose to process the transaction as credit, only 10% use the PIN pad, Acculynk said.

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Courtesy of cuna.org

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