Banks Find Debit’s Real Cost in False Declines and Manual Fixes

For many financial institutions, the biggest opportunity in debit is hiding in plain sight. “ The Hidden P&L of Legacy Debit ,” the latest edition of PYMNTS Intelligence and Galileo ’s Hidden Finance Tracker series, shows that the true cost of running a debit program extends well beyond processor invoices. Banks and credit unions have traditionally evaluated debit programs through visible expenses such as processing fees, but this overlooks a broader set of operational costs that accumulate over