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michael Posted on Jan 11, 2015
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What is debit? - Computers & Internet

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Thomas Stauber

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  • Posted on Jan 11, 2015
Thomas Stauber
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Debit is money you have. Credit is money you owe.

A DEBIT card takes money instantly from your bank account. A CREDIT card puts a charge on your bill and you are sent a statement at the end of the billing peroid.

  • Anonymous Mar 29, 2021

    not true at all, (both methods are bi-directional now) ask your bank how that works.
    truth is here
    https://www.accountingtools.com/articles...

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1helpful
1answer

How do i add new debit card to my paypal help me please my other card has expired

Here's how:
  1. Log in to your PayPal account.
  2. Click Wallet at the top of the page.
  3. Click Link a payment method and select a credit or debit card.
  4. Fill in your details and follow the on-screen instructions to add the card.

How do I add a debit or credit card to my account? - PayPal

https://www.paypal.com/bm/.../how-do-i-add-a-debit-or-credit-card-to-my-account-faq8. How do add new debit card to my paypal Google Search
0helpful
1answer

How do I put a new debit card in Amazon?

Hi!

You should be able to add additional debit cards by going on your account, then in the payment section, there should be an option to add a credit/debit card.

Do mind that there is a list of debit/credit cards that Amazon accepts. I have Attached links to both the guide to Add Manage Payment Methods and the Types of Credit Debit Cards That Can Be Used

Kind regards,
Jann Rocas
0helpful
1answer

Change my pin number on my debit card

most debit card pin number changes require you to go into a branch and have a teller actually assist you in changing the pin. it can not be done on the website and it may not be able to be done over the phone for security reasons.
0helpful
1answer

Can I enter details of new debit card

Log into your paypal account
go to account settings
click on bank pr payment details
choose your card or click "add a card"

caution: to keep your account safer never use a debit card or store it online. If it's compromised someone has access to your whole bank account . A credit card will cover unauthorized purchases a debit card , once it's gone it's gone.
0helpful
1answer

Cancel payments

Automated payments debited from your checking account or against your credit card can prove to be quite convenient.
Automatic debits can be payments for loans, life insurance premiums, cable bills, Internet service and many other transactions.
Sometimes you want these transactions stopped.
If you decide to open a new checking account the automatic debits should be discontinued from the old bank account.
The company responsible for the debits will need adequate notification to keep the debits from going through another month.

Review your bank account statement or credit card statement to see which automatic debits are going through.
You could have several automatic debit transactions deduction money from your bank account. Decide which ones you want to stop or cancel.
Locate the contact information for that particular merchant.
Call the merchant responsible for the automatic debit.
The toll-free customer service phone number should be on the merchant's statement.
Let the representative know you want the automatic debits stopped.
The representative will stop the automatic debits per your request.
Some companies need four or five days prior to the automatic debit.
Without adequate notice the automatic debit may occur one more time.
The following month you should not see the charge.

Send a letter to the merchant.
Sometimes it may be difficult to reach a merchant by phone; if this is the case, the website Credit Info Center recommends sending the merchant a certified letter with a return receipt.
It will take a little longer to get your charges stopped by mail.
Take a look at your bank statement.
Make sure the automatic debits have been cancelled.
If the charges continue, follow up with the merchant.
Ask for a confirmation letter confirming the automatic debits have been cancelled.
http://www.creditinfocenter.com/budgeting/stop-automatic-debits.shtml
0helpful
1answer

I want to have my paypal go to my debit

If I understood your question right you want to withdraw your funds to your debit card. If that's what you mean you should have completed the following first:

- Verify your Paypal by following the instructions on the paypal site. usually you need to add your debit card first by using the debit card number not the debit bank account number

- If already verified Add the same debit card on your paypal by clicking Profile then add bank account. This time use the debit card bank account number. You should also know the bank code for paypal. You bank can tell you that.


Now if you want to withdraw your funds you just need to click withdraw menu then choose the debit card bank account you just added.
0helpful
1answer

I just purchased items today through paypal with my debit card, then i checked my email and got approved for paypal credit, if i understand right the purchase i made today will be on my paypal credit...

You should contact the bank that you have your checking account/debit card with. They can tell you if the charges were actually posted on your debit card. You certainly don't want to pay twice and debit cards are different from traditional credit cards where you are establishing "credit" and pay toward the balance each month.
1helpful
1answer

Visa debit card

Yes, All visa/mastercards are accepted regardless if there credit or debit cards, Most people prefer debit cards
0helpful
1answer

WHAT IS DEBIT NOTE

It is a sales document used in complaints processing to request a debit memo for a customer. If the prices calculated for the customer were too low, for example, calculated with the wrong scaled prices, you can create a debit memo request. The debit memo request can be blocked so that it can be checked. When it has been approved, you can remove the block. It is like a standard order. The system uses the debit memo request to create a debit memo.

A transaction that reduces Amounts Receivable from a customer is a credit memo. For eg. The customer could return damaged goods. A debit memo is a transaction that reduces Amounts Payable to a vendor because, you send damaged goods back to your vendor.

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