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प्रश्न
Distinguish between a Debit card and a Credit card.
अंतर स्पष्ट करें
उत्तर
Debit card | Credit card |
A debit card withdraws funds straight from a customer's bank account. | Credit cards are used to charge consumers' lines of credit. |
Debit cards offer no grace period and require immediate payment. | Credit card purchases often include a 30-day grace period before interest is charged. |
Debit cards provide less security against undeliverable, faulty, or fraudulent merchandise. | Credit card purchases allow customers to dispute charges and pause payments. |
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
'Rita' was using a plastic card to withdraw money from a machine set up outside the bank.
- Identify the card.
- Write any four precautions that must be taken while using such a card.
Electronic banking is a part of ______ banking.
A customer can withdraw or deposit money with the help of this machine by inserting his/her card and typing his/her personal identity number.
Which of the following is not precautions to be used while using debit or credit cards?
What is an ATM?
State any two precautions while using an 'ATM'.
What is a debit card?
State three precautions that must be taken while using credit or debit cards.
What is a Bank Draft?
Enumerate various types of E-banking facilities.