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A debit card charge must be posted no more than 30 days from the date of purchase. The merchant can still post a charge after the 30 days however they open themselves up to getting a chargeback from the cardholder/bank. A chargeback is a right that every cardholder/bank have. It is a way for the CH/Bank to get back their money when a merchant incorrectly processes a transaction.

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โˆ™ 2006-03-28 05:15:17
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Q: What is the time limit for processing a debit card charge?
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How my debit card limit be raised?

Debit cards don't usually have a limit ! A debit card is usually 'tied' to a bank account - the only 'limit' - is the balance of available funds in the account.


What are the costs and pitfalls of using a charge card a debit card and a credit card?

credit card: no worries if card is lost all you have to do is annul it. Debit card: you have to be in charge charge card: don't really exist


When can a debit card not be used?

A debit card cannot be used if the maximum limit has been exceeded.


What is another name for a debit card?

Charge card


What is a debit fee?

It's when you use your debit card to buy something and they charge you an extra "Debit fee" just to use your card.


History of Credit card and Debit card?

Debit cards were introduced in 1977-1978. Master Charge, now called Master Card had a debit card called Signet. Visa's debit card was called Entree.


Do a debit card have a credit limit?

No I'm In Is elation


Can a debit card hold 20000?

A debit card has no limit - except the amount of money in the bank account that's linked to it.


What are the disadvantages of the debit card?

Sometimes they charge a nominal fee for using the card as a debit depending on what store you are using it in


Is it illegal to charge twice on debit card?

yes


Do mcdonalds charge to swipe your debit card?

no they don't


What is the difference between a debit card and a credit card?

a debit card is one in which you put money on your bank and use a debit card to do purchase with the amount in the bank. with credit card, you do purchases with a certain credit limit and pay later when the bill comes in.


Is debit card non cash product?

You must have enough cash in your bank account to cover the cost of the purchase when you use your debit card ( some banks limit the amount that you can pay for with a debit card also )


What companies offer a debit card payment processing service?

There are a lot of companies which are offering a debit card payment processing service. However, one might want to check out the website wirecard to have some information beforehand.


What services does Accept Card UK offer?

Accept Cards UK is a credit card and debit card processing service that operates throughout the United Kingdom. They offer the lowest processing fees for companies wishing to accept credit and debit cards for purchases.


How remove false charge from credit card?

How do I remove false chages from my debit card?


Where can one find information about credit and debit card processing?

One can find information regarding credit and debit card processing at many banking institutions. SunTrust and Bank of America are a couple of the several banks that offer this information to their members.


What is the maximum limit of money withdrawal by SBI debit card in a single day?

25000 is India maximum limit


What does a debit card do?

A debit card - is the equivalent of 'electronic cash'. Whereas with a credit card - you spend up to your limit,then pay it back over a period of time (while accruing interest) - a debit card is only usable up to the balance of the bank account linked to it


What does debit mean?

In accounting debit is the left side of an account. It general terms it does not mean "charge" though that is what many people take it to mean since that is what it means to them. It is incorrect to say that debit means "charge". A debit card takes money directly out of your bank account. A credit card, however does not.


Can you use a cash card on paypal?

Yes. You can request for a debit card on Paypal. First you must register for a PayPal "debit card" on Paypal and the PayPal debit card works just the same as regular debit cards and allows you to purchase items online. It usually takes 2-4 weeks to receive your PayPal Debit Card in the mail. There is no fee to use your PayPal Debit Card to make purchases from merchants that accept MasterCard. There may be fees associated with cash withdrawal and foreign transactions. The default spending limits for the PayPal Debit Card are: Daily spending limit is $3,000.00 USD. Daily ATM Limit: $400.00 USD.


What is a charge slip?

Charge slip refers to the voucher printed after swiping and charging a debit or credit card.


Is there an age limit for debit cards?

Theoretically no, although it's rare for a bank to issue a debit card to someone under 16 (in the UK). A debit card doesn't require a credit check, nor does the holder need to be employed in order to get one. A debit card can only be used if there are already funds in the associated bank account. Think of a debit card as 'electronic cash'.


Is it possible to get a discount for credit card processing?

Yes it possible to get a discount for credit card processing at many places. Many companies are giving discount for credit card processing online, but many companies charge more for credit card processing.


What is an American express card a charge card or credit card?

Credit Cards are a type of charge card. American Express is a charge card brand that offers both credit and debit cards. It depends on the account type of the person using it.