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प्रश्न
What is a debit card?
थोडक्यात 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.
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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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.
In case of ______ cardholder makes payment before using the card.
What are the cautions to be used while using debit or credit cards?
State any two precautions while using an 'ATM'.
What is a credit card?
Distinguish between a Debit card and a Credit 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.