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Description
With truly optimized debit routing arrangements, merchants can save millions of dollars a year on their payments acceptance budget. However, the path to debit optimization is ever-changing. New challenges are rendering once optimal arrangements outdated, which makes routing debit transactions down the least-cost effective network not as straightforward as it may seem. In today’s complex payments landscape, merchants must be equipped to overcome barriers in their data, but there are more questions than answers. Are the networks still on the same issued cards? Are your transactions enabled for PINless, and how can you tell with your reporting? How will the networks react to your volume depending on what regions your business covers? It’s no wonder merchants are getting lost in the maze. Whilst there is no cheat map or easy route to becoming optimal, and staying optimal, CMSPI’s payments experts will demonstrate best practices to enable you to walk the path to debit optimization and continue to do so in the years to come.
Learning Objectives:
- Understand the minutiae of the shifting debit landscape in the US
- Analyze debit arrangements with further scrutiny
- Attendees will be in a better position to be fully optimal regarding debit acceptance
