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प्रश्न
What is a debit card?
दीर्घउत्तर
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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
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.
In case of ______ cardholder makes payment before using the card.
What is an ATM?
Distinguish between a Debit card and a Credit card.
What is meant by E-banking?
Explain the meaning of SMS alert.
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.
