Facebook Twitter Instagram
    Trending
    • Role of Banking system in the process of economic Development
    • Concept of Insurance
    • Brand Loyalty
    • Components of Corporate Social Responsibility
    • Objectives and Benefits of Pricing
    • Types and importance of employee engagement
    • Difference between SHRM and Traditional HRM
    • Basic Components of Supply Chain Management (SCM)
    Facebook Twitter LinkedIn Pinterest RSS
    Info-Desk
    • Home
    • Business Studies
    • Banking
    • Social Science
    • Finance
    • Management
    • General
    • Marketing
    Info-Desk
    You are at:Home » Debit Cards

    Debit Cards

    0
    By InfoDesk on March 18, 2021 Banking

    Debit CardIn addition to credit cards, presently the market is flooded with debit / ATM cards. A debit card enables a bank customer to draw cash from an ATM of any bank, without necessitating to visit the branch. The customer can also use the card for making payments online for purchases as well as for making other payments like school/college fees etc. At the merchant establishments also, the cardholder can swipe the card in the swiping machines and make payment

    These cards are as good as credit cards for making payments. The only difference is that the debit / ATM cards can be used for payments of amounts to the limit of balance in the account. This is the reason for calling them debit cards. As soon as the card is used in the shops or online payments, the amount is debited to the account. In fact, the clearance for payment is given by the bank before making the payment, by verifying whether the adequate balance is available in the account. While the debit card is a mode of making payments conveniently, for the bankers, this is a boon in saving the manpower costs and consequently the reduction in the transaction costs.


    For Citing this article use:

    • Sambaiah, R. (2019). Influence of E_Banking on Banks Performance an Empirical Analysis on Bankers and Customers Perception.
    Banking
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    InfoDesk
    • Website

    Related Posts

    Role of Banking system in the process of economic Development

    Role of Banking

    Functions or financial services provided by the banks to the customers

    Comments are closed.

    Recent Posts
    • Role of Banking system in the process of economic Development
    • Concept of Insurance
    • Brand Loyalty
    • Components of Corporate Social Responsibility
    • Objectives and Benefits of Pricing
    • Popular
    • Recent
    • Top Reviews
    June 10, 2021

    Human Resource Management (HRM)

    July 3, 2021

    Tools of Performance Management

    November 9, 2021

    Importance and Role of Banking Institutions in an Economy

    August 7, 2022

    Role of Banking system in the process of economic Development

    August 3, 2022

    Concept of Insurance

    June 3, 2022

    Brand Loyalty

    Latest Galleries
    Latest Reviews
    Copyright © 2022 InfoDeskBD

    Type above and press Enter to search. Press Esc to cancel.