HRoth - 9:40 pm on Jan 24, 2012 (gmt 0)
The way I understand it, you need to be brick and mortar to tap into the cheap network for debit cards. My processor is treating them like credit cards. I would like to know if others who are ecommerce only are able to get the cheap rate for debit card processing. Been wondering about that since this court decision.
ytswy, in the US, people still do look upon debit cards as something less than a credit card. And they charge you more. If you rent a car with a debit card, they authorize $300 right off the bat and ask for various backup information that they don't request if you have a credit card. If you buy gas with one, they will authorize way $75, even if your tank could not hold more than $30. I think that debit cards are better all the way around, because not only do you not spend money you don't have, but you don't have to pay any interest. I have not had a credit card since 1985 for that reason, just debit cards. I can handle the stigma.:)