A Visa Prepaid card can be used by cardholders for payment anywhere Visa cards are accepted. The quick details:
First, ask the customer how much to deduct from his/her Visa Prepaid card. Then follow the same procedures as you do with a Visa credit card – swipe the card and obtain an online authorization. Ask the cardholder to sign the purchase receipt – a signature that should match that on the back of the card. If the card has not been signed, have the cardholder sign it. It is the cardholderís responsibility to know his/her balance. If the value of the purchase exceeds the Visa Prepaid card balance, the transaction will be declined.
This phrase indicates that the card must be swiped and authorized through an electronic terminal because it is “unembossed” (there are no raised letters or digits on the card). On these cards, the name (or general message), card number and expiry date are thermal-printed.
Unembossed cards cannot be used with manual imprint machines.
The cardholder needs to know the card's balance, which he/she can check anytime online or by phone, before use. Customers should refer to the back of their card for the contact information of the financial institution that issued their card.
If the purchase amount exceeds the Visa Prepaid cardís remaining value, the cardholder may ask to split the transaction between two forms of payment. This can be done, provided your store policy and transaction processes allow for split transactions. If so, the customer must decide how much to deduct from the Visa Prepaid card and what payment method he/she will use to cover the balance.
The Visa Prepaid card used to make the purchase, as well as the transaction receipt, should be present when a customer returns an item. Funds credited back to the card may take three to seven business days to process. If the customer does not have his/her Visa Prepaid card or if the Prepaid card has expired, refer to your store return policy.
You can void a purchase on a Visa Prepaid card as you would any other Visa card transaction. You may inform the customer that the credit refund may take three to seven business days before it will be available on the card.