हिंदी

What is a debit card? - Commerce

Advertisements
Advertisements

प्रश्न

What is a debit card?

दीर्घउत्तर
Advertisements

उत्तर

  1. 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.
  2. When a consumer generates their debit card, the terminal transfers funds from the buyer’s account to the seller’s account.
  3. 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?
अध्याय 14: Banking - EXERCISES [पृष्ठ २५७]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 14 Banking
EXERCISES | Q 18. | पृष्ठ २५७
सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
अध्याय 4 Banking - Latest Trends
EXERCISES | Q 7. | पृष्ठ १०४
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×