Visa Debit

Visa Debit is a major brand of debit card issued by Visa in many countries around the world. Numerous banks and financial institutions issue Visa Debit cards to their customers for access to their bank accounts. In many countries the Visa Debit functionality is often incorporated on the same plastic card that allows access to ATM and any domestic eftpos networks.

Usage

In many countries the Visa Debit functionality has been added to existing ATM cards to allow customers to use the card for internet and point of sales transactions.

United Kingdom

The first debit card in the United Kingdom was launched by Barclays in June 1987 under the "Connect" brand. NatWest followed with the "Switch" debit card in October 1988. Connect was later merged into Visa.

The Visa Debit card was previously known as "Visa Delta" solely in the UK. The Delta name began to be phased out in favour of the Visa Debit branding from September 1998.

United States

Numerous banks issue Visa-branded debit cards linked to accounts. Some issuing banks call their cards "Visa check cards", Cards allow for purchases at any merchant where any type of Visa card is accepted. Transactions are processed one of three ways. A signed transaction is processed through the regular Visa credit network.PIN-based transactions, including ATM withdrawals, are processed through the Visa-owned Plus and Interlink networks. Many retailers allow cash back with PIN-based transactions. Also, in line with other credit and debit purchases, transactions under $25 are exempt from requiring signatures or PINs.