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Acronyms that contain the term floor limit
What does floor limit mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: floor limit.
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FAL | Floor Area Limit |
What does floor limit mean?
- Floor limit
- A floor limit is the amount of money above which Debit card or credit card transactions must be authorized online by their Issuing banks. The limit can vary from store to store. Floor limits have become less significant as credit cards & most of the debit cards started being processed electronically and all transactions are typically authorized online by sending the Authorization request to their Issuing banks.
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"floor limit." Abbreviations.com. STANDS4 LLC, 2025. Web. 6 Feb. 2025. <https://www.abbreviations.com/floor%20limit>.
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