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A 'foreign card transaction' - is any transaction on your card that has taken place outside your home country. For example - say you live in the UK, and you go to Spain, using your card while you're there... Any purchases or cash advances made on your card would show up as a 'foreign card transaction'.
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Why do debit cards do not have details embossed in it like that of credit cards?
because a debit card transaction is via online transaction only, whilst a credit card transaction can support the traditional way of using the zip-zap machine. This is proven useful when you use the credit card in foreign countries where their ICT infrastructure is unstable or none at all. By this virtue, we can conclude that credit card supports online / offline transactions and debit card only supports online transactions.
What is off us transaction?
Off us transaction is a transaction made in an ATM or a POS of a bank different from the bank that issued the card used to make the transaction
What is meant by not on-us transaction in banking domain?
The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.
What is meant by not on us transaction in banking domain?
The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.
How can you confirm your transaction through visa card strip?
My visa card was with me and some body had done a transaction on it. now beside signature how can i prove that this transaction was not done on my card. Is it possible that i can go for visa card strip analysis that my card was not swept on that merchant machine. please help
What is the popular name for credit card?
Money transaction card
How do you know if a transaction is already approved for a government credit card?
The transaction list displays an Approved status for the transaction
What are the benefits of owning a Capital One platinum card?
There are many benefits to owning a Capital One platinum card. If the card is stolen the consumer is not liable for any of the purchases made on the card by the thieves. The owner can get 24 hour roadside assistance. Best of all, there are no foreign transaction fees.
What is the PFCTA?
PRIVATE FOREIGN CURRENCY TRANSACTION AGREEMENT
Are there any fees on the Amex Platinum Card?
Whilst the Amex Platinum Card does not charge any foreign transaction fees, there is an annual charge of $450 with it. This charge provides customers with what Amex refers to as "Truly one-of-a-kind" benefits.
Is credit card a cash transaction?
Purchase with a credit card is not considered a cash transaction, as the person making the purchase does not pay for the item until they pay their credit card bill, which may not occur until much later.
How does the government control foreign exchange?
by applying restriction on the amount of transaction government can control foreign exchange.
