An on-line debit card deducts funds from the bank account immediately, as soon as the card is used. There is no delay for processing the transaction. On-line debit cards can either have the MasterCard, Visa, or Discover logo, or they can have only the user’s logo, like an ATM card.
« Back to Glossary IndexCategories
Recent Posts
- MicroBiz Named 2021 Best Salon POS Software December 9, 2020
- COVID Pandemic’s Impact on Contactless Payments August 5, 2020
- MicroBiz POS President to Participate RSPA Academy Online Symposium on Aug. 26-27 August 4, 2020
- MicroBiz Partners with POS Portal to Sell and Support POS Hardware May 15, 2019
- MicroBiz President to Present at Software Executive Executive Forum July 7, 2018