A debit transaction authenticated with the customer's PIN and routed over a debit network. It can be cheaper than running the same card as signature/credit, depending on the ticket size.
Why it matters for your business
Terms like PIN debit aren't just jargon — they sit behind what you actually pay to accept payments. Understanding them is the difference between reading your statement and being at the mercy of it. If you're not sure how this shows up in your own costs, the fastest way to find out is to have someone read your statement line by line.
See what you're really paying →Related — Cards & Networks