Questions tagged [debit card]

CryptoMaven Sun Sep 01 2024 | 6 answers 1527

Could you please clarify for me if it's actually illegal to impose a surcharge on debit card transactions? I've heard conflicting opinions on this matter, and I'm curious to know if there's a definitive answer. Is it a violation of any laws or regulations to charge a customer an extra fee when they pay with a debit card? If so, what are the specific consequences for merchants who engage in this practice? I'd appreciate your insights on this matter.

CryptoEagle Sun Sep 01 2024 | 6 answers 1316

Excuse me, could you clarify what you mean by "debit card txn"? It seems like you're referring to a transaction made with a debit card, but I just want to make sure I have the correct context. If that's the case, a debit card transaction, or "txn" for short, is when you use your debit card to make a purchase or withdraw cash from an ATM or bank. It's a way to access the funds in your checking account without having to write a check or use cash. When you make a debit card transaction, the money is immediately deducted from your account balance. Is that what you were asking about?

DondaejiDelight Sat Aug 31 2024 | 5 answers 965

Excuse me, could you please clarify what "TXN on debit card declined" actually means? I've come across this message recently and I'm not entirely sure how to interpret it. Is it an indication that there was an issue with the transaction I attempted to make, or could it be something else entirely? I'd appreciate any insight you can provide on this matter. Thank you.

Lorenzo Wed Aug 28 2024 | 5 answers 1245

Excuse me, could you please clarify if Crypto.com offers a debit card service? I'm quite interested in the possibility of using cryptocurrency for everyday purchases, and a debit card would definitely make that process a lot more convenient. Is there any information you can provide on this topic? Would it be possible to LINK my Crypto.com wallet to a physical or virtual debit card that I can use at merchants who accept Visa or Mastercard? Thank you in advance for your assistance.

Davide Tue Aug 27 2024 | 7 answers 1767

Are you wondering if you need a debit card to purchase or trade NFTs? Well, the answer isn't as straightforward as a simple yes or no. While some marketplaces or platforms may require a debit card for payment, there are also many other options for funding your NFT transactions. For instance, you could use a credit card, cryptocurrency, or even a digital wallet that supports multiple currencies. Ultimately, it depends on the specific marketplace or platform you're using and their payment requirements. So, before you dive into the world of NFTs, make sure to research the payment options available to you and choose the one that best suits your needs.