Debit Card Programs: How to Increase Interchange Revenue

Carla McMorris

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This Thought Leadership Guide will explore how fintechs can generate more revenue simply by switching from debit to credit.

We will review topics such as:
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What are interchange fees and what is a BIN?
What are the advantages of migrating to Credit Hub?
What are the advantages of converting Debit BIN accounts to Credit BIN accounts?
How to maximize the benefits for fintechs and end users
How to make an impact with double interchange revenues

If you're an executive, a senior engineer, a product manager, or another fintech innovation decision maker, this Thought Leadership Guide is for you. It will explain how fintechs can drive higher interchange fees and boost revenue by as much as 2X just by switching from Debit BINs to Credit BINs.

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Sources

The Launchpad for
Financial Innovation

help@synapsefi.com

* Synapse-Enabled Services services are offered through Synapse Financial Technologies, Inc. and its affiliates (collectively, “Synapse”). Synapse is not a bank and is not affiliated with any Platform Operator.

Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck. See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information.
The Partner Financial Institution(s) participating in a Synapse cash management program can be found in the List of Program Banks.
Deposit, Banking and Card services are provided by Synapse Financial Technologies, Inc.’s partner banks.
Credit services are provided by Synapse Credit LLC, a licensed U.S. lender in designated states.
Use of the Synapse-Enabled Services are subject to the Terms of Service.

Use of our (Synapse Financial Technologies, Inc.) services are subject to our Terms of Service.

Debit Card Programs: How to Increase Interchange Revenue

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Carla McMorris

March 22, 2023

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