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If your debit card or PIN number is stolen, you may find yourself responsible for up to $500 in unauthorized transactions if you notify your bank after two business days, according to the FDIC.
A card security code is a series of numbers printed on a credit or debit card for security purposes. It is used for card not present transactions and has different names and locations depending on the card issuer.
A debit card is a payment card that can be used in place of cash to make purchases. It is linked to the cardholder's bank account and the money is transferred directly from the account to the merchant's account. Learn about different types of debit card systems, such as online, offline and electronic purse.
Friendly fraud, also known as chargeback fraud, is when a consumer buys online with a credit card and requests a refund from the bank. Learn about the history, types, costs, and methods of friendly fraud, and how to combat it with technology and security measures.
Green Dot is an American financial technology and bank holding company that issues prepaid debit cards and offers mobile banking services. It also provides payment solutions for Apple, Uber, and Intuit, and operates GoBank, a mobile checking account brand.
As someone who’s learned the hard way, I’ll cut to the chase: Your debit card isn’t always your best friend. Sure, it’s convenient, but it’s also directly connected to your bank account.
Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. Learn about the logo changes and the operating area of Cirrus, which connects all Mastercard cards and ATM cards issued by various banks worldwide.
EBT stands for electronic benefit transfer, an electronic system that allows state welfare departments to issue benefits via a magnetically encoded payment card in the US. EBT benefits are of two types: food and cash, and can be used at participating retailers or ATMs.