Debit Card Purchases
Purchases The most common, and profitable, use of a debit card is making purchases. A cardholder makes a purchase when he goes to the grocery store and swipes, or …
Topic Category: Debit
Types of Debit Card Fees
Types of Debit Card Fees Maintenance Fees – A maintenance fee is charged regardless of activity and is usually charged on a monthly basis. Inactivity Fees – An inactivity …
Debit Card Expense Opportunities
Expense Opportunities Just as it is important to know where your revenue opportunities are, it’s also important to know from where your expenses can come. Issuing Bank – Issuing …
Debit Card Revenue Opportunities
Revenue Opportunities There are two revenue opportunities for debit cards that are tied directly to the card – fees and interchange. Fees Program Managers have discretion over how much …
What Makes Up A Debit Card
What Makes Up A Debit Card PAN – Primary account number or the 16-digit card number on the card. BIN – The BIN is the first 6 digits of …
Different Roles in Debit
Different Roles in Debit Issuing Bank The bank, also called the sponsoring bank or issuing bank, is the entity that 1) has the legal relationship with the cardholder, 2) …
How Does A Debit Card Work
How Does A Debit Card Work Process Flow Let’s take a look at the process that happens behind the scenes once a debit card is used in the store. …
How Is A Debit Card Different
How Is A Debit Card Different from a… Prepaid Card A bank account debit card and a prepaid card have many similarities and some key differences – especially prepaid …
