Benefits of NYCE

Retailers representing more than 2 million point of sale locations in every state and territory in the U.S. accept debit cards that participate in the NYCE Network. In increasing numbers, American consumers rely on their debit cards and prepaid cards to make purchases and receive cash back at the point of sale with funds withdrawn directly from their accounts. As financial institutions and prepaid card issuers continue to choose NYCE as one of their debit networks, NYCE continues to make product and service investments to serve retailers well into the future. NYCE broadly supports chip-enabled cards and also offers extensive tokenization services.

Benefits of Accepting NYCE

U.S. consumers love paying with debit, which has enjoyed double-digit growth for more than 10 years. If you are not already accepting NYCE debit, ask your merchant bank or processor about adding NYCE. It’s easy and cost effective. NYCE offers PIN (no purchase limit), PINless ($50 and under) and signature services (over $50). No agreement with NYCE is needed.
No matter which mobile payments wallet your customers have, NYCE supports a tokenization service for you. Popular mobile wallets include Apple Pay™, Android Pay™, Samsung Pay® and the Microsoft Wallet. NYCE supports any or all of these for your customers.
NYCE PIN debit means guaranteed payment and speedy checkout without the need for additional identification or signature verification. Faster checkout reduces lines and boosts customer satisfaction.
Increased average tickets. Consumers fund impulse purchases without being constrained by cash-on-hand or the drawback of credit card interest charges.
Offer cash back on NYCE PIN debit purchases without the hassle or risk of accepting checks. Debit cardholders love cash back, and often frequent retailers where they can shop and avoid a trip to the ATM and a potential surcharge.
Lower all-in costs than credit, check or traditional signature debit, adding directly to your bottom-line results
Unique access to millions of Canadian debit cardholders. Since its launch in 2004, Canadians using PIN debit have come to rely on U.S. debit access to their funds on deposit in Canada via NYCE. VisitCanadian financial institutions for more information.
Unique access to debit card holders in Puerto Rico and the Virgin Islands. Participating financial institutions in Puerto Rico and the U.S. Virgin Islands also enjoy PIN debit card access to all NYCE retailers. VisitATH financial institutions for more information.

Visit Popular Retailers to see a list of cardholders’ favorite places to shop with NYCE.