Thursday, December 8, 2011

Know any sites that you can shop on with a debit card?

I am not a big fan of credit cards.So,I use my debit card for


everything.I was wondering if anyone knew what sites that you can shop with a debit card.|||That depends on your debit card.





Today, most debit cards on the market are backed by one of the major card associations - Visa or Mastercard. So look at your debit card. If you see either a Visa or a Mastercard logo on it, it means that every merchant which accepts a regular Visa or Mastercard will accept your card in the same way. And that's just about everybody!





However, be aware that if you make a purchase online with a debit Visa or Mastercard, and you experience fraud or have a problem with the good/service you receive, there is a somewhat higher burden of proof on you to receive protection from the card companies. You see, if the card company offers you a refund on a debit card, that's real money. You could close your account and walk away, and further action should the merchant be correct would not be possible. With a regular credit card, they're just authorizing you to exercise part of your credit - it's not actually cash. It's not a huge procedural difference, but there is a difference. So the best thing is to use a regular credit card if you're in any way uncertain about the company/person you're buying from.





Now, if your card doesn't have a Visa or a Mastercard logo:


Sorry, you're likely out of luck. You can go to PayPal, create an account with them, and hook up that account to your checking account; a number of merchants accept PayPal. However, that's likely the best you'll be able to do. The major card issuers not only represent a guarantee to you, the cardholder, but also a guarantee of payment to the merchant should you prove to be a deadbeat. No one bank currently has that kind of trustworthiness to back a card.|||Most sites will let you shop with a debit card. I use mine frequently instead of a credit card, and it works just fine!|||In the U.S. if the debit card has the Visa or MasterCard symbol on it.





In the U.K. If it has the Maestro or Visa symbol on it.


Maestro needs to support both by the merchant and your bank. Sometime using it as a solo card works.





In the U.S.


We are protected by the EFTA, reg E and MasterCard/Visa zero liability policy.





Reg E require bank to give you provisional credit within 10 business days of the dispute.

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