What is a Deposite Only ATM Debit Card – Explained

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What is a Deposite Only ATM Debit Card – Explained

DEPOSIT ONLY CARD – WHAT IS THAT?

A deposit only ATM Card is used by the company representatives to deposit Check and Cash at Banks ATM. This is a great solution that helps runners across the nation to deposit the funds into the business bank account.

This type of ATM Card does not have a Withdrawal function. It offers a peace of mind to the company and the business owner that the individual who is using the same can’t withdraw any funds but can only make the deposit.

The Deposit only card is also blocked for all the online and offline purchases. Deposit only cards are also used by runners of the company to deposit the printed echecks

Bankim Chandra

Bankim Chandra

Bankim Chandra is a Merchant Account consultant. He works with merchants globally and helps businesses in getting reliable payment processing solution. He writes extensively on the internet about Payment Gateways, Credit Card Processing, Echeck Processing, Chargeback Alerts, ACH and Business Funding.

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