debit card
Definition
Bank card used in cash transactions, but which is not a credit card. In a debit card transaction, the amount of a purchase is withdrawn from the available balance in the cardholder's account. If the available funds are insufficient, the transaction is not completed. Also called asset card (in the US), or payment card (in the UK).
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debit card is in the Banking, Commerce & Finance subject.
debit card appears in the definitions of the following terms: card present, offline debit card, payment card, plastic money, electronic purse, bank card, card not present and asset card
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