Debit Card

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A debit card is a plastic card that gives the cardholder a set amount of funds against each purchase that they make. When the cardholder makes a purchase, the funds are transferred from their account to the merchant’s account. This type of card is also known as a check card or a debit access card.

Most debit cards have a limit on the number of funds that can be spent in a day. Some cards also have a limit on the number of transactions that can be made in a day. Debit cards are accepted at most merchants that accept credit cards.

There are two types of debit cards: offline and online. Offline debit cards can be used at any merchant that accepts credit cards. Online debit cards can only be used at online merchants.

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