Glossary

Account Balance

The balance, which is held by the Customer with the Issuing Bank (or Payment Institution) on the Prepaid, Debit or Credit card. These are funds which are held in the name of the Customer with the Issuer.

How does Account Balance work?

Account Balance reveals how much funds are available on the account of a Customer which is held within a Bank or Payment Institution. It is a cornerstone of the Payment System as it is essential for the execution of Transactions.

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