Common use of Debit Card Transaction Clause in Contracts

Debit Card Transaction. These are transactions where you use your debit card and you enter your PIN number at the time of the sale. They are similar to ATM withdrawals because money is

Debit Card Transaction. These are transactions where you use your debit card and you enter your PIN number at the time of the sale. They are similar to ATM withdrawals because money isis usually deducted from your account immediately at the time of the transactions. However, some POS transactions are not presented for payment immediately; it depends on the merchant.