Sentence examples similar to Prevent debit transactions from inspiring English sources

"Were Greece to leave the euro… electronic banking could freeze for up to a week and prevent debit and credit card transactions," Mr. Calder wrote on Thursday.

In many instances debit card networks like Shazam and Tyme actually paid stores to accept debit transactions.

Last year, businesses paid nearly $20 billion in debit transactions to the two companies.

Since the first direct debit was processed in 1968, British bank customers have made 110bn direct debit transactions.

Last year, fees for signed debit transactions provided $4.72 billion in revenues to the banks that issue Visa and MasterCard debit cards.

And if the fees that the smaller institutions earn from debit transactions do fall?

In 2002, debit transactions handled by Visa and MasterCard earned banks $4.76 billion in revenue.

(In that case, debit transactions are declined if the account lacks enough money to cover the purchase).

Over all, however, Mr. Bernanke said, the lower charges, known as interchange fees, would reduce the costs of debit transactions.

One caveat is that when shopping in stores, only signature, or non-PIN, debit transactions earn rewards.

Such transactions carry higher fees than PIN-based debit transactions.