What is an “everyday” debit card transaction?
An everyday debit card transaction is a one-time (non-recurring) PIN or signature-based debit card transaction that is typically conducted at a point-of-sale. For instance, a purchase at the grocery store or made online using your debit card are examples of one-time, everyday debit card transactions. By contrast, automatic monthly payments such as a gym membership or utility bill that have been set up using your debit card are examples of recurring debit card transactions.
