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Debit cards
Index Key: COM002
Author: luke wolter
Subject: Debit cards.
How If I use a debit card in across the country from my bank, how does the
transaction get to my bank?
Response #: 1 of 1
Author: sysop
Telecommunications......I would think that if your bank agrees to give a
debit card (cash station) then your balance, PIN, etc. is held in a central
computer. When you got to get money, the cash machine goes to the central
computer, which access your account and says, yes/no he/she has the money,
and tells the cash machine to give you money. Then it sends a transaction
to your bank, saying you withdrew so much money and debits your account.
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