In which of the following ways is the processing of PIN debit cards different from that of signature debit cards? 1. PIN debit uses a different method to verily the cardholders identity at the point of sale. 2 PIN debit uses a single-messaging system in which the clearing information is sent to the issuing bank along with the authorization request 3, Settlement of PIN debit transactions involves a transfer of funds from the cardholders bank to the merchant's bank 2only O 1 and 2 O 1 and 3 1 only QUESTION 12 1 p The Durbin Amendment requires that interchange fees on payments be based on the O debit card, benefit to merchants of being paid with the cards O debit card, cost to issuers of clearing and setting card transactions O credit card; cost to issuers of clearing and settling card transactions O credit card, benefit to merchants of being paid with the cards