What Exactly is Meant by a Debit Card in Canada?

Question

Can someone explain to me what the heck a debit card is so I can proceed with the payout method at 5D called 'Debit Card Funds Application' (DCFA)? I can't figure out exactly what the staff at 5D mean when they try to explain to me what cards are accepted, etc. I know the pre-paid and credit cards are not acceptable.

In my case I have a regular debit card (that's what we call these cards in Canada) which I use at ATM's to make withdraws and deposits to and from my bank account(s). I also use the debit card to pay for purchases at any outlets (restaurants, grocery, etc.).as opposed to carrying cash in my pockets. So can this be classified as the card I can use to perform the DCFA payout method at 5D? The card doesn't have my name on it or an expiry date, only the card number. Can someone tell me if this can be classified as the debit card that's required for Debit Card Funds Application payout method? If not, then what card am I looking to get and where do I get one? Appreciate any help with this matter. Thanks.

pinballwizard · Answer

Can someone explain to me what the heck a debit card is so I can proceed with the payout method at 5D called 'Debit Card Funds Application' (DCFA)? I can't figure out exactly what the staff at 5D mean when they try to explain to me what cards are accepted, etc. I know the pre-paid and credit cards are not acceptable.

In my case I have a regular debit card (that's what we call these cards in Canada) which I use at ATM's to make withdraws and deposits to and from my bank account(s). I also use the debit card to pay for purchases at any outlets (restaurants, grocery, etc.).as opposed to carrying cash in my pockets. So can this be classified as the card I can use to perform the DCFA payout method at 5D? The card doesn't have my name on it or an expiry date, only the card number. Can someone tell me if this can be classified as the debit card that's required for Debit Card Funds Application payout method? If not, then what card am I looking to get and where do I get one? Appreciate any help with this matter. Thanks.

pinballwizard · Answer

I should have added that also with this debit card I described I have, I can use it to deposit funds directly into my bank account. For example if I return an item of whatever to a particular retailer and get a refund, the retailer can use my debit card to deposit my refund right into my bank account. The point I&#x27;m making here is wouldn&#x27;t this card be suitable or classified as to what the 5D staff mean by a debit card for the DCFA payout method? Thanks again. As I stated above however, there is no expiry date nor my name on the card. Maybe our debit cards are different than those in the U.S. and that is why the staff at 5D say they require the expiry date, etc. as part of the information to send them.

What Exactly is Meant by a Debit Card in Canada?

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