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giro
(redirected from Direct withdrawal)

   Also found in: Wikipedia 0.02 sec.
giro
Brit informal an unemployment or income support payment by giro cheque, posted fortnightly


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``It appears that every Blue Cross customer who's an individual enrollee with direct withdrawal was affected,'' said Jerry Flanagan, a consumer advocate with the Foundation for Taxpayer and Consumer Rights.
This solution from Vesta and Axalto enables any North American GSM carrier to offer customers the ability to make payments via credit card, debit card or direct withdrawal from a checking account through a feature directly on the phone.
Once goods are digitally delivered, money is automatically transferred from the user's CyberCoin account, much like a direct withdrawal, to the merchant's account at the participating bank.
 
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