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What is the difference between PIN debit and signature debit?

April 26, 2017Debit difference Pin signature

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What is the difference between PIN debit and signature debit?

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 When a PIN is used, the payment is immediately withdrawn from the cardholder’s available funds. When a signature debit transaction occurs, funds are not withdrawn until the transaction processes – usually 2-4 days after the sale.