Advertisements
Advertisements
प्रश्न
What is a debit card?
संक्षेप में उत्तर
उत्तर
- A person can obtain a debit card by depositing money in a bank. Cardholders can use a debit card to pay for products or services immediately if the seller has a terminal.
- When a consumer generates their debit card, the terminal transfers funds from the buyer's account to the seller's account.
- Debit cards can also be used to withdraw cash from ATMs. The shop has a point-of-sale terminal. It is electronically connected to a bank computer. When a consumer generates a debit card, the terminal transfers funds from their account to the seller's account.
shaalaa.com
Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
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.
In case of ______ cardholder makes payment before using the card.
What are the cautions to be used while using debit or credit cards?
What is an ATM?
State any two precautions while using an 'ATM'.
What is a credit card?
Distinguish between a Debit card and a Credit card.
What is meant by E-banking?
Explain the meaning of SMS alert.
