What are the things you should know about debit card?

What up Guys,

what is a debit card or ATM card?

   Debit card is an electronic cash card pre-loaded with money. It can be used at ATM s and POS (Point of Store/ Terminal). You will be charged very little amount for ATM s withdrawals. Most of the Debit card won't charge POS terminal uses. Its also depend in issuing bank of the card. Debit card offered by three network mainly. Maestro, master etc are from MasterCard network. Visa, Visa Electron etc are from visa network. American Express also issuing some such cards.
   There are many types of debit cards in uses. Such as Gift card or Reward Card, Bank account Card, re-loadable Debit Card, Virtual Debit Card etc. What is ATM card ? All cards usable at ATM machine are called as ATM card. ATM : Automated Teller Machine, its allow you to withdraw money on the way. Gift card can be used at once up to price printed on the card. It issued and given by companies, stores etc as a gift or reward card. You also can buy certain price cards in market. Bank Card uses your bank account balance. Its allow you to pay up to available balance of your account. The payments will be deducted from account after few days.
   Some banks offer advances and online banking facility too. It helps to maintain your account from anywhere in the world. re loadable debit card is offered by many employees to pay salaried to workers. Its makes there payments easy and automatically. They have an agreement with any of above Debit Card Network. Charges applicable with Debit Card differ card to card, ATM to ATM. These are decided by issuer of the card. Virtual Debit Card is current trend in online businesses. Issuer only gives card details which can be usable at online. You won't be given any physical card.

Can I use Debit Card globally ?

    Its sure that every card can be usable anywhere in the world. Most of Debit Card can be used around globe. You could see "International Debit Cards" printed words in front of the card. It doesn't mean the card can be usable online purchases. These limits also apply by the issuer according to agreement with the card networks. If you have Master card, You can use the card anywhere MasterCard logo seen. If Visa card..........logo seen. ATM s or POS or Stores or Public Telephone Booth etc. Can i use debit card for Online purchases ? This facility depends in issuers. Some issuers activate this facility all the time. Some asks you to call them when you want to pay online. Some issuers allow you to activate and deactivate the facility via online banking. Some issuers protect your account with Master card secure code or Visa card Secure code. They will send you an OTP verification code to your mobile number linked with your bank when you try to use card online. You need to enter the number there to authenticate that it is your card.

How to use ATM card ?

How to use Debit Card online ?

Some merchants ask your Name and Address also. They may verify that with associated details in your card. You should Enter them without any spelling Mistakes as the process is automatically done by virtual robots. After your activated your card for online purpose or purchases, (It isn't necessary to activate your card, if your card always activated) Find 16 digit Number in front of your card. Enter it into Card number box. Choose/Type month and years printed in front your card as Valid Thru or Good Thru. Back of your card, you could see a three digit number after your signature in white area. Enter that into CVV Number box. Enter you Name as printed on your card. Keep away from spelling mistakes. Enter Billing address as on your Bank Passbook or Documents given by issuer.

How to use Debit Card in ATM s?

   You could see a welcome page in ATM display if no card inside ATM machine. If not, Press Cancel button, bring card and handover the card to bank. Somebodies forget to get back their card after withdraw money. After see welcome page, Insert card longitudinally while logo of the card (MasterCard / Visa Card / American Express / else) in your side. You should see the logo until insert card completely into the machine. AT any time problems with ATM machine, you can takeout your card by press cancel button in Red color cross. After insertion, Its ask you to choose language. Choose your prefer language. Some machines are touch model. You can touch with your finger on the screen. You will see some options. Such as Withdrawal, Balance inquiry, Mini statements, Bill payments etc. You can continue with the instructions given there.

What can I do if my Debit Card / ATM card lost or stolen ?

   You should take care of your Debit card (cash card) as money. If anybody use your card at ATM or POS or online purchases, there is no way to get back your money. You can find the guy with the help of police. But, No use. So you have to inform your bank card center. They will immediately block / deactivate your card Temporarily or Permanently. At POS (Point OF Terminal), Your signature is necessary to pay. But they don't care about this mostly. Anybody can sign like you by looking beside of the card. If you have loved this article, Please Plus or Share or Tweet. It will help us to reach more users like you. Any questions? Post here under comments below. I will get back to you within 24 hours. 

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