answersLogoWhite

0

It simply means - the very first time the card is used, it is recognised by the system. When the card goes 'live' on first use - the system places data onto the card either on the magnetic strip or the 'smart' chip. This tells any ATM that the card is legitimate.

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

How do you get a debit card to use in the Philippines?

Go to the bank.


Do debit card transactions go through immediately?

Yes, debit card transactions typically go through immediately, deducting the funds from your account at the time of purchase.


How can one obtain a Paypal debit card?

One can obtain a Paypal debit card from the actual PayPal website or from online stores such as Amazon. One can also go to a local grocery store to purchase such a debit card.


Can a debit card purchase go through if you run it as credit but don't have funds on card?

No purchase can go through if you don't have funds on the card. Regardless of whether it's a credit or debit card, both have limits that mean the same thing: "You don't have funds, ya' broke toolbox, declined..." The limit for your debit card is a floor of 0, the limit of your non-existent credit card seems to be a ceiling of 0, but could be much higher if you weren't as dense as your question implies you are.


Do debit card payments go out of your account immediately?

Instantly


Can you use visa debit to go overdrawn?

No - a debit card is simply an electronic version of cash. If there are insufficient funds in your account to cover the transaction, the card will be declined.


Can a kid get a debit card?

Yes you Can. Just go to BillMyParents.com Its Easy


Can someone go to jail if they stole someones debit card?

Yes


Where is wii fit sold?

amazon. if you don't have a credit card or debit card then go to walmart or gamestop


How do you get a new debit card?

Ask the company who issued the card! Debit cards are usually issued by a bank - for use with a deposit account.


Where can one apply for a Credit or Debit card?

You can apply for a credit card almost anywhere. You can choose to go through your bank, or another company, like American Express. Almost all retailers offer a credit card with shopping rewards. To get a debit card, go through your bank.


What to do when ATM card expired?

Contact your bank. If the card has already expired, you will need to use cash so be prepared for that. Your bank will mail you a new debit card. You can also go in to the bank directly and option a new debit card immediately.