This feature allows the customer to establish spending limits and other controls on each card or on groups of cards, such as:
• Dollar limit for each transaction
• Dollar limit for each day
• Dollar limit for each week or month
• Limit on number of transactions for each day
• Limit on number of transactions for each week or month
• Limit point-of-purchase to specific merchants
• Cardholder limits by Merchant Category Code (for example, vehicle repair, hotels, airlines, business services) |