Young Adults Decide to Skip Debit Cards Taking the High Risk Credit Card Processor Road

According to the “Consumers and Debit in the U.S.: Heightened Security Concerns,” report, high earners and young adults have one thing in common – a lower than average use of debit cards. The report canvased about 3,000 U.S. adults about their debit card use. For households that earn over $100,000, only 52 percent use debit

HOW SECURE IS PIN AND SIGNATURE DEBIT

“Whilst usability is key for payments, security is a necessary condition for people to use them.” – Peng Ning According to the surveys carried out by the Federal Reserve, consumers consider security to be the top feature of payment methods. However, other payment characteristics like record keeping, cost, and convenience aren’t regarded as less important