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The Power of Debit Payments

Author(s): Fiserv
Publication date: September 28, 2017

Finding the right payments network can position financial institutions for sustained growth in a constantly shifting market.

 

Consumers assume financial institutions will provide a steady stream of smooth, effortless transactions across all channels, and they expect each to be as strong as the next. The key to meeting that expectation is identifying a network that strikes a balance between giving consumers all of the solutions that enable anytime, anywhere payments and doing it on an integrated platform that maximizes cost-effectiveness and efficiency.

Key features of a strong debit payments network:

 

  • The flexibility to integrate new applications within a financial institution's existing environment
  • Economies of scale that help ensure financial institutions participate in a program to meet their financial objectives
  • A focus on innovation that positions financial institutions to be the first choice for the latest technology in debit payments

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