The phrase "automated debit" is correct and usable in written English.
It can be used to refer to a financial transaction where funds are automatically withdrawn from a bank account, typically for recurring payments.
Example: "I set up an automated debit for my monthly utility bill to ensure it's paid on time."
Alternatives: "automatic withdrawal" or "recurring debit.".
The retail services include home loans, personal credit, car hire purchase, credit cards, Automated Teller Machine cards, debit cards, currency exchange facilities, and overseas remittances.
The service will also allow users to write checks or use debit cards or automated teller machines.
Page B2 INQUIRY INTO BANK FEES The Consumer Financial Protection Bureau is beginning an inquiry into how banks levy overdraft fees they charge customers who bounce checks or withdraw more than they have in their accounts using debit cards or automated teller machines.
WASHINGTON — The Consumer Financial Protection Bureau is beginning an inquiry into how banks levy overdraft fees they charge customers who bounce checks or withdraw more than they have in their accounts using debit cards or automated teller machines, the head of the agency said Tuesday.
Amid concerns about rising overdraft fees, federal regulators enacted new rules in 2010 requiring banks to let customers affirimatively choose, or opt in for, overdraft protection for debit card and automated teller machine transactions.
In addition to using a check, automated bank transfer and credit or debit card, Verizon customers can also pay at a Verizon store, by money order, or by using a bank or other company's online bill payment service.
In order to lower the barriers for users, Chirpify announced today that it is now giving users the ability to accept domestic and international credit and debit cards, along with sending and accepting automated clearing house payments in-stream on Twitter, Facebook and Instagram.
The small networks that operated automated teller machines, like STAR, Pulse, MAC and NYCE, issued debit cards that required a PIN.
On one hand, Clarity Money users can use Acorns' automated investing features, which round up purchases made on their debit and credit cards (for example, turning a purchase of $8.46 to $9.00 and investing the additional $0.54 into a diversified portfolio of ETFs).
After linking your medical and dental plans, and connecting a debit card or major credit card, users will automatically receive automated notifications when a bill is ready for review and payment.
