Cards of current account movement, used by Banks to replace checks, they have low cost and are widely accepted by the commerce, due to the small term to receive and as there is no risk of default.
This product operates 100% on-line, only for purchase at sight and withdrawals, and only upon use of holder’s password.
After validation by Cabal, the transactions captured are directed to the Issuing Bank, which performs balance, current account etc validation, returning to Cabal a message of authorization or rejection.
Cabal Brasil generates all managerial and accounting information to the Issuing Bank, which enables, by sending files of transaction confirmation, the performance of conciliation of movements processed compared to the grid received from the debt network.
