Sentence examples similar to on line debit from inspiring English sources
Technologically, Visa and Master debit cards are slightly different from "on-line" debit cards, connected to regional systems like NYCE and Explore.
They also formed a joint venture called Entree that they promised would become a national point-of-sale, on-line debit payment system.
Where they greatly differ is in the fees banks charge merchants.; In the mid-1980s, when on-line ATM debit cards were gaining acceptance, Visa and MasterCard began to buy up the largest on-line debit systems, Cirrus, Plus and Interlink, to compete with the dozens of other regional systems like NYCE and MAC.
With the handwriting clearly on the wall, Visa and MasterCard began pushing;hard;with their off-line debit cards, requiring the 13 million merchants who accept their credit cards to also accept their off-line look-alikes.
Fidelity's one exception is the U.K., where investors can set up an account on-line without a signature and use a debit card to make instant transactions.
"It looks like its [in] on-line banking, clearly appears to be on debit card side of online banking as far as we can tell.
Not only would merchants get faster payment, a true on-line system could cost merchants as little as 14 cents to handle a $100 debit transaction, compared with up to $2.50 for a credit card transaction.
Finally, you exit the store through EZ-Pass-style payment lanes that use BLE payments to debit your card, so no more waiting on line.
