1a obsolete : reward or punishment dueb : the qualities or actions that constitute the basis of one's deserts Opinions of his merit vary.c : a praiseworthy quality : virtue but originality, as it is one of the highest, is also one of the rarest, of merits â E. A. Poed : character or conduct deserving reward, honor, or esteem; also : achievement ...
When you use your Debit Card for a purchase and use the card as credit, the merchant will request an approval or âauthorizationâ for the transaction. The authorization confirms that an account is open and the purchase amount is approved at the time of request. Many merchants request an authorization for the exact amount. However, some merchants send an amount as low as $1 for authorization. Each authorization will show as a pending transaction.
Using a virtual credit card number is one way to make your Internet shopping excursions more secure. Essentially a wrapper for your regular credit card or debit card account, a virtual card number is good for one use only. When you use the virtual number, the bank that supplied it charges your purchase to your regular credit or debit card, but hackers never gain access to the underlying credit card information. Various financial institutions maintain some sort of virtual credit card program.