0
Add your answer:
Earn +20 pts
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
Can merchants charge a fee for using a debit card in Vancouver BC?
As I understand, their must be a prompt at the begining of the transaction on the interac machine for you to accept the additional charge. A vendor cannot simply add the user fee to the total of the transaction amount.
Can merchants charge a fee for using a credit ca?
The merchant agreements that they have with the credit card companies generally prohibit them from charging extra for the use of the credit card. However, some places offer a "discount" for cash, which works out to essentially the same thing, and while it's becoming less common than it was a few years ago, some merchants do charge a "transaction fee" for using a debit card (they are required to notify you of this; the notification generally takes the form of a sign or sticker on the unit you swipe your card through).
What are the disadvantages of the debit card?
There are certain disadvantages of debit card is that when u loose your card it can be misused,there are certain edc machines where in u need to enter your ATM pin to authorize the txns and also it card can be skimmed or card data can be compromised.
Is it legal for merchants to charge consumer credit card fees?
Yes; the credit card companies charge the merchants in order to receive payments from them. In some cases (usually at small businesses or ones that do not do a lot of business monthly) the merchants can charge a small fee associated with using the credit card, or set a minimum amount to avoid the fee i.e. any purchase under $5 gets charged a fee, anything above that amount doesn't.
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
Can merchants charge a fee for using a debit card in Vancouver BC?
As I understand, their must be a prompt at the begining of the transaction on the interac machine for you to accept the additional charge. A vendor cannot simply add the user fee to the total of the transaction amount.
Is it legal for a merchant to charge a fee for debit card purchases under 10.00?
it is illegal in my home state, however some merchants will do it anyway.
What is another name for a debit card?
Charge card
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.
Can merchants charge a fee for using a credit ca?
The merchant agreements that they have with the credit card companies generally prohibit them from charging extra for the use of the credit card. However, some places offer a "discount" for cash, which works out to essentially the same thing, and while it's becoming less common than it was a few years ago, some merchants do charge a "transaction fee" for using a debit card (they are required to notify you of this; the notification generally takes the form of a sign or sticker on the unit you swipe your card through).
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.
Is it illegal to charge twice on debit card?
yes
Is it true that retailers can now charge the consumer for using a debit card for purchases without informing the consumer prior to use?
No
Why cant you use debit card to be a member on club penguin?
Yono it is not true that we can byr membership using debit card people hhave you seen that there is any option in using debit card
What are the disadvantages of the debit card?
There are certain disadvantages of debit card is that when u loose your card it can be misused,there are certain edc machines where in u need to enter your ATM pin to authorize the txns and also it card can be skimmed or card data can be compromised.
