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  2. 13 Best Debit Cards for Kids and Teens - AOL

    www.aol.com/finance/13-best-debit-cards-kids...

    With FamZoo, both the kids and parents can monitor spending through a shared dashboard. It’s open for kids of all ages and offers a free one-month trial. Once the trial expires, the subscription ...

  3. Debit card cashback - Wikipedia

    en.wikipedia.org/wiki/Debit_card_cashback

    For example, a customer purchasing $18.99 worth of goods at a supermarket might ask for twenty dollars cashback. The customer would approve a debit payment of $38.99 to the store, and the cashier would then give the customer $20 in cash. Debit card cashback is available through common payment networks like VISA, Mastercard, American Express [1 ...

  4. Is It Time To Get Your Teen a Credit Card? Here Are the ... - AOL

    www.aol.com/finance/time-teen-credit-card-best...

    Best for Students: Discover It Student Cash Back. The Discover It Student Cash Back credit card is available to teens 18 and up with no credit history, as long as they meet other application criteria.

  5. Venmo Now Available for Kids as Young as 13: Should You ... - AOL

    www.aol.com/venmo-now-available-kids-young...

    Venmo recently launched a "teen account" for users ages 13 to 17. Teens can now utilize the Venmo app by linking it to a Venmo Debit Card, which operates like a traditional debit card. Venmo is...

  6. Friendly fraud - Wikipedia

    en.wikipedia.org/wiki/Friendly_fraud

    Friendly fraud, also known as chargeback fraud occurs when a consumer makes an online shopping purchase with their own credit card, and then requests a chargeback from the issuing bank after receiving the purchased goods or services. Once approved, the chargeback cancels the financial transaction, and the consumer receives a refund of the money ...

  7. Payment system - Wikipedia

    en.wikipedia.org/wiki/Payment_system

    Payment system. A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. [ 1][ 2] A payment system is an operational network which ...

  8. Prepaid Cards for Teens: Tool or Trap?

    www.aol.com/news/2011-02-20-prepaid-cards-for...

    It's easy to see the appeal of prepaid debit cards for people with teenage children. They make it possible to track spending, can be used anywhere, are safer than cash and teens can only spend ...

  9. Authorization hold - Wikipedia

    en.wikipedia.org/wiki/Authorization_hold

    Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.