[Chase Paymentech] What is the difference between PIN debit and signature debit?

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(Dmitry Fedyuk) #1

The difference between these two debit choices is whether a PIN (personal identification number) is used at the point of sale.

  • When a PIN is used, the payment is immediately withdrawn from the cardholder’s available funds.
  • When a signature debit transaction occurs, funds are not withdrawn until the transaction processes - usually 2-4 days after the sale.

chasepaymentech.com/faq_payment_processing_information.html


[Chase Paymentech] What is «Signature Debit»?
[Chase Paymentech] What is «PIN Debit»?
(Dmitry Fedyuk) #2

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