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Usually if the bank has had several claims that a merchant has tried to scam a customer, they block the merchant from making anymore transactions.
You could call your bank and tell them you want to make the transaction and usually they will white list your account so you can make a transaction with the merchant.
If the bank says they won't allow you to, take a look at their Terms of Service, you signed that legal contract, so if it says they're allowed to decline any transaction then yes they are allowed.
What else can I help you with?
Can I run my debit card as credit for this transaction?
Yes, you can typically run your debit card as credit for this transaction, but it may depend on the specific policies of the merchant and your bank.
Can the bank reverse a debit card transaction?
Yes, a bank can reverse a debit card transaction under certain circumstances, such as in cases of fraud, error, or unauthorized charges.
How can I track a debit card transaction?
You can track a debit card transaction by checking your online banking account, contacting your bank's customer service, or reviewing your monthly bank statement.
Why is the charge not showing up on my debit card?
There could be several reasons why a charge is not showing up on your debit card. It could be due to a delay in processing, a technical issue with the card or the payment system, insufficient funds, or the merchant not completing the transaction. It's best to contact your bank or the merchant to investigate further.
Why is my pending transaction not showing up?
Your pending transaction may not be showing up due to a delay in processing by the bank or merchant. It could also be due to technical issues or errors in the system. Contact your bank or the merchant for more information on the status of your transaction.
Can I run my debit card as credit for this transaction?
Yes, you can typically run your debit card as credit for this transaction, but it may depend on the specific policies of the merchant and your bank.
Can the bank reverse a debit card transaction?
Yes, a bank can reverse a debit card transaction under certain circumstances, such as in cases of fraud, error, or unauthorized charges.
How can I track a debit card transaction?
You can track a debit card transaction by checking your online banking account, contacting your bank's customer service, or reviewing your monthly bank statement.
what is merchant account?
A merchant account is a type of bank account that allows businesses to accept electronic payments, such as credit and debit card payments, from customers. The account is set up with a merchant acquiring bank or payment processor and enables businesses to receive funds from credit or debit card transactions after the payment has been processed through the payment gateway. When a customer makes a payment with a credit or debit card, the payment is processed through the payment gateway and then transferred to the merchant's bank account. The merchant account is used to hold the funds until they are settled and deposited into the merchant's business bank account. Merchant accounts typically come with fees, such as transaction fees and processing fees, which are charged by the payment processor or acquiring bank. The fees can vary depending on the type of transaction, the payment processing method, and the specific terms of the merchant account agreement. Merchant accounts are essential for businesses that want to accept electronic payments, as they allow businesses to expand their payment options and increase sales revenue.
Why is the charge not showing up on my debit card?
There could be several reasons why a charge is not showing up on your debit card. It could be due to a delay in processing, a technical issue with the card or the payment system, insufficient funds, or the merchant not completing the transaction. It's best to contact your bank or the merchant to investigate further.
What is the time limit for processing a debit card charge?
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.
What does pending debit mean on your checking account balance?
it means the bank you are making a transaction at hasn't approved the transaction yet so you have to wait because they can always decline or reverse it. Reverse means to send the amount of money you wanted to transfer elsewhere back to the checking account and it could be a lot of reasons as to why they would decline or reverse the transaction.
What is Merchant rate quote by bank?
the rate in the market at which transaction can be made.
Why is my pending transaction not showing up?
Your pending transaction may not be showing up due to a delay in processing by the bank or merchant. It could also be due to technical issues or errors in the system. Contact your bank or the merchant for more information on the status of your transaction.
What is the meaning of pdn debit in hdfc bank ATM slip?
The term "PDN Debit" on an HDFC Bank ATM slip refers to a "Point of Sale Debit" transaction, indicating that the transaction was processed through a point-of-sale system rather than a traditional ATM withdrawal. This could include purchases made using your debit card at retail locations. It signifies a debit from your account for that specific transaction.
What are the last 4 numbers separated by a colon on a debit transaction on a bank statement?
possibly the time the transaction took place
What is a debit to your checking account?
A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account
