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Debit card competition: signature versus pin
This article explores costs and benefits of two types of debit card authorization methods?signature and PIN (personal identification number)?for merchants, consumers, and financial institutions. It also considers competition between signature- and PIN-based debit cards in the United States and looks at Canada's predominant usage of PIN-based debit cards.
Journal Article
Payment instrument choice: the case of prepaid cards
The costs and benefits to payment system participants can differ depending on which payment mechanism is used. The authors specifically explore the costs and benefits of prepaid card applications versus other payment instruments, such as cash, checks, and debit cards, for certain payment segments, including gift, payroll, and employer-initiated and government benefit programs.