A Visa Debit card works like a check, only better —when you make purchases, the amount is deducted directly from your checking account, but with the added security of a Visa card. With Visa’s Zero Liability Policy you’re protected from fraudulent charges.
Ways you can complete your debit transaction include:
- Signing a receipt.
- Placing an order online, by phone or by mail.
- Entering your PIN.
- Swiping or inserting (chip)* your card at merchants that do not require a signature.
*EMV** cards include a secure microprocessor chip that performs cryptographic processing during a payment transaction. In an EMV transaction, which includes dynamic data, the card is first authenticated, followed by verification of the cardholder. The transaction is then authorized online or offline, according to issuer-determined risk parameters.
**EMV is an open standard set of specifications for chip cards and acceptance devices.
Visa’s Zero Liability policy does not apply to certain commercial card and anonymous prepaid card transactions or transactions not processed by Visa. Cardholders must use care in protecting their card and notify their issuing financial institution immediately of any unauthorized use. Contact your issuer for more detail.