Topic Category: Debit
ATM Fees There are two sources of fees that can be charged during ATM transactions – those charged by the Program Manager and those charged by the ATM owner. …
Card to Bank Withdrawals Some cards allow a debit cardholder to transfer funds from their debit card account to an external bank account. The cardholder typically must know the …
Remote Check Capture Remote check capture or remote check deposit is available on some debit cards. The cardholder is allowed to take a picture of a check and have …
Debit Card Wallets and Purses A wallet is a collection of external accounts (some of which may be debit card accounts) through a single application (Think Apple Pay or …
Savings Some debit cards offer a savings account to be used with the debit card account. Generally, the savings account is completely separate from the debit account. Funds in …
Checks Keep in mind that there is a difference between a bank offering a debit card tied to a checking account versus a Fin Tech offering a debit card …
Bill Pay There are two types of bill pay products for debit cards. Traditional Banking Bill Pay Some debit cards have a traditional bill pay product where the user …
Loading Cash National Cash Load Networks Some debit cards allow the cardholder to load cash to the card. The Program Manager must register with a reload network, such as …
Cash Withdrawal ATMs ATMs are the most common means of obtaining cash off of a debit card. A cardholder cannot just walk up to any ATM though. The Program …
Preauthorizations As mentioned before, a preauthorization occurs when a Credit or Signature transaction takes place. The merchant requests an amount to be held on the card and settles the …