Debit Cards vs. Credit Cards Explained

Most people assume knowledge of the difference between credit cards and debit cards without taking into account the intricacies any merchant should know. When selecting a payment processor, it’s crucial that you first know what types of payments your business is looking to accept. With credit card transactions typically being processed at higher rates, it might behoove your business to consider more than one option, especially considering some customers run debit cards through credit, as well. The video below should get you well on your way to understanding the main differences between the two payment types, helping you make the right decision for your revenue flow. Be sure to check back at CreditCardProcessing.net for more video tips and review our list of the top payment processors for your business needs.

Posted on Saturday, July 19th, 2014