Visa Card Types and Services for OCT

Visa Card Types

Visa Reloadable Prepaid

An OCT to an eligible Visa prepaid card increases the prepaid card balance.

If the prepaid card balance is 25 USD and the OCT received is for 100 USD, the new prepaid balance is 125 USD.

Visa Deferred Debit

Deferred Debit cards have a line of credit and an underlying bank account. An OCT to a Visa Deferred Debit card deposits funds into the underlying account when both the line of credit and underlying account are with the same bank. If the Deferred Debit card underlying account is with a different bank than the line of credit, post the funds to the card account.

If the underlying account has a balance of 800 USD and an OCT for 100 USD is received to the card, the new account balance is 900 USD. The credit balance owed on the card is not impacted by the receipt of the OCT. If the card has a balance owed of 200 USD and an OCT for 100 USD is received, the payment of USD 100 will be posted to the credit account. The new outstanding balance would be USD 100.

Visa Debit

An OCT to a Visa debit card increases the balance of the underlying bank account associated with the Visa debit card.

If the card balance is 800 USD and the OCT received is for 100 USD, the new account balance is 900 USD.

Visa Credit

An OCT to a Visa credit card serves as a payment to the account.

If the amount owed on the card is 800 USD and an OCT for 100 USD is received to the card, a payment of USD 100 will be posted to the account. The new outstanding balance is 700 USD.

Visa Combo Card (Brazil)

Combo cards allow cardholders to use credit or debit functionality during a transaction. An OCT to a Visa Combo card processed as debit increases the balance of the underlying deposit account linked to the card.

The credit balance owed on the card is not impacted by the receipt of the OCT. Funds are applied only to the debit balance in the deposit account. Do not present the OCT for combo cards as credit using the proper values.

If the deposit account linked to the card has a balance of 800 USD, and an OCT for 100 USD is received to the account, the new account balance is USD 900.

OCT Services