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Debit card cashback (also known as cash out in Australia and New Zealand) is a service offered to retail customers whereby an amount is added to the total purchase price of a transaction paid by debit card and the customer receives that amount in cash along with the purchase. For example, a customer purchasing $18.99 worth of goods at a ...
Visa Cash. Visa Cash is a smart card electronic cash system, implemented as a stored-value card owned by Visa . Trialled in various locations worldwide (including Leeds, UK in 1997), the system works via a 'chip' embedded in a bank card, and looks similar to the so-called ' Chip and PIN ' cards issued, among other countries, in Europe.
Although the cards use the Visa credit card protocols, the funds are taken directly from a linked bank account just as with debit cards, and there are no cash advance fees. As surcharges for cash withdrawals by credit card are uncommon in Germany, almost any ATM in Germany can be used for free cash withdrawals with such a Visa card.