Merchant Account Services

Merchant Account Blog

Another Calculator Published by MAS

Merchant Account Services is pleased to announce the launch of yet another calculator designed to empower merchants. The Debit vs Credit Calculator allows merchants to determine what the size of a transaction will be for the two to cost the same.

Why is this important? PIN-based Debit cards typically have a fixed rate associated with them. Thus, unlike credit cards, even though your transactions get larger, your costs stay the same. This makes PIN-based debit great for large transactions. However, this is bad for small transactions as your debit fee also does not contract as your sales shrink in size. For these transactions, credit cards and check cards tend to cost less. By knowing the point where the two costs converge you can then encourage your customers to pay using your preferred method of payment.

Checkout the Debit vs Credit Calculator today!

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