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London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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#1
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In message , Roland Perry
writes Because I'm not convinced that accepting a debit card which passes the C&P PIN, but is later declined because of lack of funds, is at the retailer's risk. My debit card has a hologram on the back with an amount on it which the bank will honour, funds or no. -- Clive |
#2
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![]() "Clive" wrote My debit card has a hologram on the back with an amount on it which the bank will honour, funds or no. That's from the time when debit cards doubled as cheque guarantee cards - before the cheque guarantee scheme was abolished. Peter |
#3
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In message , at 19:09:22 on
Mon, 19 Mar 2012, Peter Masson remarked: My debit card has a hologram on the back with an amount on it which the bank will honour, funds or no. That's from the time when debit cards doubled as cheque guarantee cards - before the cheque guarantee scheme was abolished. And the amount was relevant to the cheque guarantee, not its use as debit card. -- Roland Perry |
#4
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In message , Roland Perry
writes In message , at 19:09:22 on Mon, 19 Mar 2012, Peter Masson remarked: My debit card has a hologram on the back with an amount on it which the bank will honour, funds or no. That's from the time when debit cards doubled as cheque guarantee cards - before the cheque guarantee scheme was abolished. And the amount was relevant to the cheque guarantee, not its use as debit card. As different shops have different "floor limits" this can only apply to the amount of guarantee by the bank, otherwise all cards would need to be authorised. -- Clive |
#5
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In message , at 19:43:41 on Mon,
19 Mar 2012, Clive remarked: My debit card has a hologram on the back with an amount on it which the bank will honour, funds or no. That's from the time when debit cards doubled as cheque guarantee cards - before the cheque guarantee scheme was abolished. And the amount was relevant to the cheque guarantee, not its use as debit card. As different shops have different "floor limits" this can only apply to the amount of guarantee by the bank, otherwise all cards would need to be authorised. The figure printed on the card is only relevant when used as a cheque guarantee card (RIP). -- Roland Perry |
#6
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On Mon, 19 Mar 2012 19:43:41 +0000, Clive
wrote: As different shops have different "floor limits" this can only apply to the amount of guarantee by the bank, otherwise all cards would need to be authorised. In some shops they are. And in some, e.g. on board trains, almost none are. Neil -- Neil Williams, Milton Keynes, UK |
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