Credit cards have become the dominant tool for online purchases, but a growing number of payments companies are showing interest in a system that lets people use their PIN debit cards. Discover ...

Accel/Exchange, an electronic funds transfer network, and three other EFT networks plan to pilot consumer use of PIN-debit cards for Web-based shopping. PIN-debit use on the Internet has been tested ...

A technology that allows consumers to use their debit cards and PINs to buy items on the Internet will likely undergo tests with at least one electronic funds transfer network starting the first half ...

Electronic commerce hasn't been the slam-dunk for the electronic funds transfer networks that it has been for Visa and MasterCard. One of the biggest issues has been if and how to facilitate Internet ...