Target Data Breach Impact on Debit Cards

We have seen the impact of the breach in the form of an increase in certain declines that indicate a closed account or potentially
We have seen the impact of the breach in the form of an increase in certain declines that indicate a closed account or potentially fraudulent activity. When viewing data from Paul Larsen Consulting merchants in aggregate, for a mix of credit and debit cards, the rate of Invalid Account Number declines more than doubled over the same time prior year, from just over 9% to 19%. Also on the rise were restricted card and pick up card declines....

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