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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
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 before using the card.
What are the cautions to be used while using debit or credit cards?
What is an ATM?
State any two precautions while using an 'ATM'.
What is a credit card?
What is a debit card?
State three precautions that must be taken while using credit or debit cards.
What is a Bank Draft?
