A cheque card is a bankcard that enables the user to purchase goods and services and obtain cash payments against their asset account. The transaction creates a debit against the cardholder’s account, however there is a delay of 24 to 72 hours before the amount of a purchase is debited from the account, due to the card being “offline” meaning the account is not accessed directly. This is what makes cheque cards different to credit cards and a VISA debit card.
A cheque card is also called an “offline debit card” or “deposit access card”. Cheque cards are no longer used in the UK.
Payment Processing Services by NOIRE
NOIRE provides industry leading online payment processing services & risk management technologies. Designed using NOIRE, “Simply Switch On”, approach to payment processing, our payment solutions are built using the latest payment processing technology enabling businesses to “Plug In” and “Switch On” payment modules with ease if and when required.
As a leading Payment Service Provider, you can trust NOIRE to find the right solution for your business. We provide everything in one simple agreement – your Internet Merchant Account, Payment Gateway and Payment Processing with all the leading cards issuers. Combined with NOIRE’s industry leading fraud & risk management solutions, merchants can be confident managing their payments safely and securely from beginning to end with NOIRE.