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PIN Debit
PIN Debit Provides Security
When you use your ATM/debit card in conjunction with your Personal
Identification Number (PIN) to make purchases, it’s known as PIN debit. This is
different from signature debit, where you sign your name instead of using your
PIN.
The security of using a PIN is just one reason why PIN debit is becoming the
payment method of choice for many consumers. Another is that, unlike with
signature debit, you can get cash back at participating retailers by using your
PIN. This allows you to save time and ATM fees.
Consumers also prefer PIN debit because it’s quick and convenient. If your
ATM/debit card has the ACCEL logo, you can use it to make PIN debit purchases
at local, regional, and national retail locations throughout the United States.
More advantages of PIN debit:
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You may not always have enough cash on hand. PIN debit allows you to carry
little or no cash and still make the purchases you need to.
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Using PIN debit is faster than writing a check, and you don’t need to provide
identification.
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With credit cards it can be too easy to overspend your budget or spend
more than you actually have. With debit purchases the funds are taken directly
from your account, so you can spend only what’s in your account.
Contact us for information on the advantages of
using PIN debit.
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Consumers
Pin Debit
