Cards issued by local banks
ELECTRONIC PAYMENT METHODS There are many electronic payment methods including international methods and local methods as well. It is important to mention here that not all payment methods are necessarily acceptable or appropriate for all electronic payment purposes.As we mentioned above banks issue cards in cooperation with specialized companies led by MasterCard and Visa. This is a list of the most important types of cards issued by local banks .Credit card This card is issued with a limited credit limit in accordance with the policies of the local bank and in accordance with the policies of the central bank to which the local bank belongs. A credit guarantee must be available to issue this card bank ba Belgium WhatsApp Number Data lance or savings certificates in order to guarantee the banks right in the event of default. The card is usually used for online purchases and can be withdrawn from it through ATM machines. The card debt is paid in the month following the month in which the purchases were usually made. Instructions can be left to the bank to pay the debt from the account balance when the payment is due.
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Prepaid card This type of card is a receptacle for storing money and using it for purchases over the Internet. This card is issued through some local banks in which the customer makes a deposit with the card and uses this deposit for online purchases. The deposit is made through the bank itself or through ATM machines. This card usually has a monthly limit for deposits and withdrawals.
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