Merchant or cardholder swipes the
Merchant enters purchase information.
Merchant requests approval via terminal or telephone.
Merchant prints out or completes
sales slip. You verify amount, sign, and receive
receipt. Some smaller purchases won't require a
For PIN-based transactions:
You verify amount, enter your PIN at
terminal, and receive receipt.
back from merchants:
At some merchants, you can request
cash back when making a purchase with your PIN.
This is a withdrawal from your checking account - saving
you a trip to the ATM and costs you NO Fee.
For other than cash back
"CREDIT" and sign
- with Zero
protection, Carter Bank & Trust provides 100% protection
against unauthorized purchases on your Debit MasterCard
Once the transaction is processed,
the amount is automatically deducted from your checking
account and will appear on your next account statement.