What is a debit card?

A debit card looks like a credit card and provides an alternative method of payment in cash for its purchases. The card is an International Standard Organization (ISO) 7810, the card is like a credit card, but its functionality is comparable to the letter that the funds be withdrawn from the bank account holders or the balance amount to a gift card.Depending on the store or merchant, the customer may swipe or insert their card into a credit card terminal or customer will hand the card to the cashier. The operation is allowed and processed, and the customer will be reviewed whether the transaction by entering a PIN number.

Leave a Comment