Debit Card Payment - FOLIO Ontology

Identification

IRI:

https://folio.openlegalstandard.org/Rrt9KJEwo6Yz8wbXcaZL3i

Label Debit Card Payment

Preferred Label Bank Card Payment

Identifier N/A

Alternative Labels

Direct Debit Transaction PIN-based Transaction

Definition

Debit Card Payment is a transaction that transfers funds electronically from the cardholder's bank account to a merchant’s account, facilitated through a debit card network. Unlike credit cards, this form of payment is funded by existing money in the cardholder’s account.

Class Relationships

Sub Class Of

• Payment Modality

Is Defined By

N/A

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Additional Information

Metadata

Comment

None

Description

None

Notes

• None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available