If you've noticed a small charge from an online shop on your credit or debit card statement, you might be wondering why it happened. This fee is typically a card activation check performed by some online merchants. Here's a detailed explanation of what it is and why it's done.
What is a Card Activation Check?
A card activation check is a temporary charge that online merchants use to verify that your card is active and has sufficient funds. This process helps prevent fraudulent transactions and ensures that the card details provided are valid. The amount charged is usually very small, often just a few cents or a dollar.
Why Do Merchants Perform This Check?
Merchants perform this check for several reasons:
- Fraud Prevention: By verifying the card, merchants can reduce the risk of fraudulent transactions.
- Card Validity: It ensures that the card is active and can be used for future purchases.
- Authorization: It confirms that the cardholder has authorized the transaction.
What Happens to the Fee?
The fee is temporary and will be refunded automatically within 10 days. This means you won't be out of pocket for long. The refund process is usually seamless, and the amount will be credited back to your account without any action required on your part.
Need the Refund Sooner?
If you need the refund sooner than the standard 10-day period, you can contact the merchant directly. For example, if you were charged by MuchBetter, you can reach out to their support team via the app or email them at support@muchbetter.com. They can expedite the refund process for you.