Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th
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Briefly explain the need for a Debit card. - Commerce

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Short Note

Briefly explain the need for a Debit card.

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Solution

An ATM card is also called a debit card. This card is more useful in the purchase of goods and services anywhere in India if the shop maintains a swiping machine facility.

Concept: Electronic Banking Functions
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 11th Commerce Answers Guide
Chapter 12 Functions of Commercial banks
Exercise | Q II. 2. | Page 116
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