Push to Card

Push to card (also known as an original credit transaction) is a payment method that allows for sending funds directly to eligible debit cards in near real-time, 24 hours a day, 7 days a week. Unlike traditional card payments where the cardholder pulls funds from their account to pay a merchant, push to card sends funds to the cardholder’s account via the existing card networks (Visa, Mastercard). Push to card transactions are commonly used for:

Contractor payments: Enable businesses to pay contractors or gig workers instantly

Loan disbursements: Deliver funds rapidly in situations where recipients need immediate access to money

Refunds: Expedite the refund process for customers

Rebates: Distribute rewards or incentives to customers quickly

Limits

The per-transaction dollar limit for push to card payments is $100,000 per transaction. While this is the rail-level maximum, Checkbook limits still apply.

Details

When a push to card transaction arrives on your debit card, it will appear on the statement as a credit.

The specific formatting and information displayed can vary slightly depending on your card, but you’ll generally see some combination of the following:

Amount: The amount of the payment will be clearly displayed.

Company Information: This field will usually indicate the source of the funds. Instead of a personal name, it will often show the name of the company or entity that initiated the payment. For example, if Checkbook was used by “Dunder Mifflin” to pay you, you might see “PYMT RCVD DUNDER MIFFLIN”.

Date: The date of the funds transfer.

Remittance Information: If the sender included a description with the push to card payment, this might appear in a separate “Memo,” “Reference,” or “Additional Information” field on your statement. The visibility and length of this information can vary between banks.