It's all done electrically via the computer system. These cc are locked out of the system and would not get cc approval. I dont really know HOW only thing I can say is its technology.
r there any loans company that will accept prepaid debit cards.
Check nationalcash.com. Its a good and reliable company to buy Prepaid debit cards.
Debit Cash for the cash received, and credit a liability account you can call Prepaid Rent or Prepaid Deposits. Basically, you credit a liability account because you "owe" them the rent for the month they have paid for in advance. Once the month has passed, you can debit the Prepaid Rent and credit Rental Income. Or, if the prepaid rent is a deposit made, you just keep it on your books as a liability until the end of their lease, at which time they will either be refunded the deposit (debit Prepaid Rent, credit Cash) or if they don't pay their last month's rent you can use the deposit (debit Prepaid Rent, credit Rental Income).
Debit
Most rental car companies will not accept pre-paid debit cards for a car rentals. Most companies will accept standard debit cards and all will accept credit cards.
It's a debit
Can a cash advance be deposited on a prepaid debit card?
I'm not sure about ALL prepaid debit cards, but I know that if you buy a prepaid debit card from NetSpend, you can easily track all your purchases (deductions) online at any time. Check out the link below for more details on prepaid debit cards.
Prepaid Expenses would normally have a debit balance.
Account Now is a company that offers prepaid cards that can help to manage your money safer, easier, and cheaper. Everything from a prepaid debit card, prepaid visa or prepaid master card.
Yes, Car Rental Companies accept Secured Credit Cards. There are two types of cards. "Secured" and "Prepaid". Prepaid cards will be accepted at rental companies (or will be treated like a debit card). SECURE cards on the other hand are not like a credit card. The rental company has no way of knowing rather the card is secured or not.All secured cards say "debit", and have a Visa, Mastercard logo, etc. However, as with any credit card (secured or su-secured), they will take a deposit out on the card that covers the rental fee for your expected term. This will not be "charged", but "held" to your card until you return it, at such a time you can choose to authorize the payment to go through or pay the balance with a debit card, allowing the hold on the credit card to release.
you would label it as a prepaid expense. Debit -prepaid travel expense credit- cash