[Nfbmo] Question about debit cards
Brian Wekamp
bjwekamp02 at embarqmail.com
Sun Jun 17 00:27:12 UTC 2012
Hello Everyone:
I thought one reason businesses let you use your debit card like a credit
card was in the event you didn't remember your pin number you could make
the transaction with just a signature.
Thanks
Brian Wekamp
-----Original Message-----
From: DanFlasar at aol.com
Sent: Friday, June 15, 2012 11:51 PM
To: nfbmo at nfbnet.org
Subject: Re: [Nfbmo] Question about debit cards
It works because the debit cards are set up to be used either way. There
are differences - if you use the debit card as a credit card (remember
that they are all branded either VISA or MasterCard) you cannot take cash
out
and you have to sign for it, though some stores won't require a signature
if it's less than a certain amount - usually $10 or so. Even if you have
your purchase processed as a credit card, the money is still taken directly
out of your checking account - the balance in your checking or debit card
account is the collateral for the transaction, so if your account balance
is
less than your purchase, your transaction will be denied, unlike a 'real'
credit card. There is also a difference in the fees charged the merchant
for the transactions - generally, the merchant is charged less if you
process the card as a credit card. Processing as a debit card results in a
higher - and less regulated - fee on the merchant, which is why they are
happy
when you choose the credit card option.
And by the way, debit card fees are subject to different fee
transactions depending on the issuing organization. There is a move in
colleges
and universities to issue student IDs as a debit card. These cards
generally have high fees. It's better not to use them if you can. Far
better to
use a card from your own bank or better yet, credit union. If you want
more on tis, I can provide some links.
As far as entering your PIN:
Most point of sale or ATM machines have a raised button keypad -
oriented like a telephone keypad rather than a computer keypad. Since the
PIN
is always numeric, you just need to locate the 5 (middle key in 2nd row
from top) and the other numbers are arranged in ascending order in rows of
3,
as follows:
top row: 1 2 3
second 4 5 6
third row 7 8 9
bottom * 0 #
Hope this helps,
Dan
Dan Flasar
Lewis & Clark chapter
In a message dated 6/15/2012 10:56:36 P.M. Central Daylight Time,
kaybaycar at gmail.com writes:
Hey Kyle. I had the same problem when I started using a debbit card a
couple years ago. All you have to do is hand your card to the
casheer, and tell that person that you want the perchase taken as
credit. Someone on this list may be able to explain why this works,
but I know that it does. The casheer will then take your card, scan
it for you, and should show you where to sign if necessary.
Sometimes(especially if you are with your mom or another sighted
person) the casheer expects that person to do it for you. But if you
want that casheer to do it, just tell them to take your card as credit
and to put it through the machine for you because you are blind. Most
are very helpful though, so you may not have to deal with this much.
On 6/15/12, Kyle Borah <kgborah at att.net> wrote:
> Now that I'm 18 and moving off to college, I got a debit card. However,
when
> me and my mom were shopping one time, and I paid for the purchase with my
> card, I was unable to type in the pin number because I couldn't see it.
My
> mom just typed it in, but what am I to do if I am alone. Has anyone out
> there had to deal with this kind of situation? And if so how did you
remity
> it?
>
> Blessings,
> Kyle Borah
>
> At-large board member of the Missouri Association of Blind Students and
> proud graduate of Oakville Senior high school class of 2012.
>
> Learn to do right; seek justice. Defend the oppressed. Take up the cause
of
> the fatherless; plead the case of the widow.
> Isaiah 1:17
> _______________________________________________
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--
Julie McG
Lindbergh High School class of 2009, National Federation of the Blind
of Missouri recording secretary,
Missouri Association of Guide dog Users President,
and proud graduate of Guiding Eyes for the Blind
"For God so loved the world that he gave his only Son, so that
everyone who believes in him may not perish but may have eternal
life."
John 3:16
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