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प्रश्न
Distinguish between a Debit card and a Credit card.
Write any two differences between a Debit card and a Credit card.
फरक स्पष्ट करा
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उत्तर
| Debit Card | Credit Card |
| A debit card withdraws funds straight from a customer’s bank account. | Credit cards are used to extend lines of credit to consumers. |
| Debit cards offer no grace period and require immediate payment. | Credit card purchases often include a 30-day grace period before interest is charged. |
| Debit cards provide less security against undeliverable, faulty, or fraudulent merchandise. | Credit card purchases allow customers to dispute charges and pause payments. |
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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.
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 after using the card.
In case of ______ cardholder makes payment before using the card.
What are the cautions to be used while using debit or credit cards?
Which of the following is not a precaution to be used while using debit or credit cards?
What is an ATM?
What is a debit card?
What is meant by E-banking?
