Navy Cash Standard Operating Procedures - Financial Management ...

8.15.22 The $25 Vending “Counter”The Navy Cash PIN is not required to make vending machine purchases. So, to limit theamount of money which could be lost if a Navy Cash card were lost or stolen, vending machinepurchases are limited to a total of $25 on each card’s electronic purse before the PIN would berequired to reset the counter and allow additional spending. The table below lays out how the$25 counter works. Note that the vending machine readout displays the balance remaining on the$25 counter not the balance remaining on the chip on the Navy Cash card itself.ActionMachineUsedPIN EntryRequired?ChipBalanceVendingMachineReadoutCardholder moves $100.00 fromhome bank account to chipaccount.K80 Yes $100.00Cardholder goes to a vendingmachine to buy a soda.CAD(in vendingmachine)No $100.00 $25.00Cardholder buys soda. Aftersoda is bought, the remainingbalance is:CADNo$99.50(not shownat vendingmachine)$24.50Cardholder buys LOTS of sodasand ONLY sodas, never goingto another machine other than avending machine, to the pointwhere the vending readout is$0.00.CADNo$75.00(not shown atvendingmachine)$0.00Now cardholder needs to go to amachine where he/she can entertheir PIN (a K80 or K22 Point ofSale Device). So cardholdergoes to a K80 just to enter theirPIN. Cardholder does notperform any funds transfers.K80 Yes $75.00Cardholder goes to a vendingmachine to buy a soda.CADNo$75.00(not shown)$25.00Cardholder buys soda. CAD No$74.50(not shown)$24.50Cardholder goes to ship’s storeto buy a $10.00 ball cap.K22 Yes $64.50Then cardholder goes back tovending machine…and so on.CADNo$64.50(not shown)$25.00nc sop ver 1.12 chpt 8 disbursing.doc 8-180 16-Aug-07