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Question
Which of the following is true about debit card
- Debit cards cannot be used in ATMs
- Debit cards cannot be used in online transactions
- Debit cards do not need bank accounts
- Debit cards and credit cards are identical in physical properties.
Options
i, ii, iii
ii, iii, iv
iii alone
iv alone
MCQ
Solution
iv alone
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Card Based Payments Systems
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