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Explain the term debit card

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Explain the term debit card

Posted by Prayatna Mokten 5 years, 4 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 5 years, 4 months ago

Bank card used in cash transactions, but which is not a credit card. In a debit card transaction, the amount of a purchase is withdrawn from the available balance in the cardholder's account. If the available funds are insufficient, the transaction is not completed.

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Posted by Shally Sinha 4 months, 2 weeks ago

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Posted by Sanya Miglani 4 months, 3 weeks ago

CBSE > Class 11 > Business Studies