With Credit card you have to pay the credit company back later, cash is paid and over with if used.
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.
yes
Credit card transaction instructions are the instructions to be followed in processing your purchase. The process starts by handling your credit card to the store cashier. After swiping your credit card, the processing will follow. Once the cashier receives the authorization code then she can process your purchase and a receipt will be given to you.
as soon as you make a purchase
The abbreviation "CPT" on your bank statement typically stands for "Credit Purchase Transaction." It indicates a transaction where funds were deducted from your account for a purchase made using your debit or credit card. If you're unsure about a specific transaction, it's advisable to contact your bank for clarification.
Yes, you can receive a credit card transaction receipt for this purchase.
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.
explain the difference between cash and credit transaction
yes
The charge on your credit card is the amount of money that has been deducted from your available credit limit for a purchase or transaction.
Credit card transaction instructions are the instructions to be followed in processing your purchase. The process starts by handling your credit card to the store cashier. After swiping your credit card, the processing will follow. Once the cashier receives the authorization code then she can process your purchase and a receipt will be given to you.
When you purchase with credit cards, the transaction is on credit while when you purchase with debit card, the transaction is considered cash sale because the amount is directly deducted from your bank account.
as soon as you make a purchase
The abbreviation "CPT" on your bank statement typically stands for "Credit Purchase Transaction." It indicates a transaction where funds were deducted from your account for a purchase made using your debit or credit card. If you're unsure about a specific transaction, it's advisable to contact your bank for clarification.
A purchase typically appears on your credit card statement within 1-3 business days after the transaction is made.
The term "visa cbpurchase" typically refers to a charge or transaction made using a Visa card for a purchase. "CB" often stands for "cardholder" or "credit card." This designation can appear on bank statements or transaction records, indicating that a purchase was made with a Visa credit or debit card. If you see this on your statement, it usually signifies a recent purchase transaction.
A credit card transaction works by the cardholder using their credit card to make a purchase. The merchant then sends the transaction information to the card issuer for approval. If approved, the card issuer pays the merchant, and the cardholder is responsible for paying back the amount to the card issuer.