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When making a purchase with a purchase card over the phone, the cardholder is responsible for providing their card details, confirming the transaction amount, and ensuring the merchant is legitimate. However, they are not responsible for verifying the identity of the merchant beyond basic due diligence, as this is typically the merchant's responsibility to ensure secure transaction practices.
The account holder making a purchase with a purchase account over the phone is generally responsible for providing accurate payment information, confirming the details of the transaction, and ensuring they have sufficient credit or funds available. However, they are not responsible for verifying the legitimacy of the merchant, as this is the merchant's responsibility.
yes
The term best defined as a deposit to the seller that shows intention of completing the transaction is "earnest money." This deposit demonstrates the buyer's serious intent to purchase the property and is typically held in escrow until the transaction is finalized. If the deal goes through, the earnest money is often applied toward the purchase price; if not, it may be forfeited to the seller under certain conditions.
using card holder.
Yes, you can receive a credit card transaction receipt for this purchase.
Yes, you can request a debit card transaction receipt for this purchase.
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.
To purchase a CD from a bank, you can visit a branch in person or contact them by phone or online. You will need to have the funds available to deposit into the CD account, along with your identification and personal information. The bank will guide you through the process of opening the CD account and completing the transaction.
when you use mobile phone to purchase the produ t and transfer the money,the transaction is called