Sentence examples for debit transaction from inspiring English sources

Rather than using wire transfers, it links debit cards and processes the exchange between accounts as a debit transaction.

It also recently introduced a debit transaction fee of 35 cents, though the first eight transactions are free.

Indeed, it puts MasterCard's debit transaction fees below Visa's for the first time, according to the lawyers.

Safeway, 7-Eleven and CVS drugstores automatically prompt consumers to do a less costly PIN debit transaction.

A $4.95 inactivity fee applies, if you don't conduct some sort of business — a debit transaction, say, or a deposit — each month.

That means the maximum fee on the average debit transaction of $38 will be about 24 cents, compared with 44 cents previously.

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

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

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