An offline debit card is a card that combines the characteristics of both a debit card and a credit card.
An offline debit card allows the user to pay for goods and services directly from their bank account, using a form of direct debit, as 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. Additionally, unlike a traditional MasterCard or Visa debit card, no PIN is required during the transaction, only a signature.
An offline debit card will often have a maximum daily limit, if it does not then the limit of the card is based on the amount of funds in the cardholder’s account.
The transaction must adhere to VISA/MasterCard debit regulations and the merchant is required to pay a discount fee. Cashback is not available.
Offline debit cards are also known as “cheque cards”, however these 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.
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