debit

Is it a vis/mastercard debit card being treated as a credit card or just a bank debit card?

I'd understand doing a blended debit rate that combines regulated and exempt debit cards, which I'm guessing would come in well below 2%.

Which they will certainly debit out of your account if the money isn't actually in the safe.

But blending debit and credit in the post-Durbin landscape makes about as much sense as blending Bitcoin and credit.

Despite that, there's been an inexplicable shift in payment volume to debit cards which have little or no rewards.

Even with limited fraud liability on debit cards, it is still your money that left the bank.

Assuming you're talking about Wallet (previously Passbook) and Apple Pay, it is possible to do that with a debit card.

You have a credit card instead of a debit card because the issuer gets higher fees.

A debit card gives you an accurate and up to date overview of your balance.

Is it really simplicity driving this, or is it the fear of the credit fee crossing 3% if you broke out debit?

Credit and debit cards are the easiest way to pay in America, since bank transfers are not really an option for merchants.

In Canada, at least, the consumer takes the fraud risk for a debit card.

I think it's fair to call Stripe out on this because you position the 2.9% as a "it's not our fault, it's the payment instrument, we're happy to pass on savings if you use alternatives like Bitcoin etc." But you are not passing on the very significant savings of debit cards.

In West-Coast Canada, Debit-Cards seem to be pretty popular.

I don't really see the fascination with credit cards either, particularly now that Visa+Debit cards+Chip+Pin+Smart Phones seem to offer a lot of the advantages of Credit Cards.

> I don't really see the fascination with credit cards either, particularly now that Visa+Debit cards+Chip+Pin+Smart Phones seem to offer a lot of the advantages of Credit Card What you said before is the key.