Debit cards are a widely used financial instrument allowing cardholders to purchase and access funds directly from their bank account.
Unlike credit cards that involve borrowing money from a card issuer, debit cards facilitate transactions using the account holder's existing funds. Paystand can process debit cards in the same fashion as a normal credit card payment in the custom-branded billing interface.
Paystand can process both debit and credit cards in our billing interface. Debit card transactions are processed at the same rate of 2.39% + $0.30 per transaction.