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An HSBC Solo debit card issued in Britain in the end of 2007. Solo was a debit card in the United Kingdom introduced as a sister to the then existing Switch. (Later merged with the Maestro debit card brand of the Mastercard corporation) Launched on 1 July 1997, by the Switch Card Scheme, [1] it was designed for use on deposit accounts, as well as by customers who did not qualify for a Switch ...
This change also led to the discontinuation of the Solo debit card. [26] In January 2009 First Direct and HSBC discontinued the use of Maestro cards, issuing Visa Debit cards to new customers and a gradual roll-out throughout 2009 to existing customers.
Most Visa Electron cards do not have the dove hologram as on Visa credit and debit cards, but a few banks do include it. The card number and validity as well as cardholder name are printed rather than embossed , thus the card cannot be used in a card imprinter – for card-present transactions the card requires a reader of magnetic stripe cards ...
HSBC was the third-largest issuer of private label credit cards in the United States, including cards for more than 70 active merchant relationships, including Best Buy, GM, Yamaha, Kawasaki, Neiman Marcus, Polaris and Saks Fifth Avenue. Most of its card portfolio was sold to Capital One in 2011. [24]
Switch/Maestro cards issued by certain banks carried an issue number on the bottom of the card corresponding to the number of times a card had been issued on a particular account. This was usually because the current account number the card was linked to actually formed a large part of the card number, and therefore the card number could not be ...
Some debit cards are dual-branded with the logo of the (former) national card as well as Maestro (for example, EC cards in Germany, Switch and Solo in the UK, [dubious – discuss] Pinpas cards in the Netherlands, Bancontact cards in Belgium, etc.). The use of a debit card system allows operators to package their products more effectively while ...
In 1991, the present parent legal entity, HSBC Holdings plc, was established in London and the historic Hong Kong–based bank from whose initials the group took its name became that entity's fully-owned subsidiary. [9] [10] [11] The next year (1992), HSBC took over Midland Bank and thus became one of the largest domestic banks in the United ...
A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and debit cards, as well as stored-value cards, gift cards and other similar cards. In some situations the card number is referred to as a bank card number. The card number is primarily a card ...