dan,
@dan@upvote.au avatar

Debit cards can be run as credit

Does it cost the merchant more?

In Australia, debit cards are dual-network, and credit transactions cost far more than debit transactions. Debit uses a local system called EFTPOS that has low fees, whereas credit uses the card issuer’s network (Mastercard, Visa, etc) and they take a far larger percentage.

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