Law11 mins ago
Visa Debit Card
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Can you please explain me better the floor limit debit card? thank you
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For more on marking an answer as the "Best Answer", please visit our FAQ.The floor limit on debit/credit cards, I believe is set for the shop by the bank that authorizes card transactions for the retailer.
It means that if a customer buys goods above a certain amount, say �100, then the retailer has to phone up for authorization from the bank.
Shops won't tell you the floor limit as it lets would-br fraudsters know how much they can spend before being checked up on.