Debit card: Difference between revisions

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imported>Doug Williamson
(Linked to The Treasurers Handbook - Payments and payment systems)
imported>Doug Williamson
(Add link.)
 
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A card enabling the holder to have purchases directly charged to funds on an account at a deposit-taking institution (this may sometimes be combined with another function, for example, that of a cash or cheque guarantee card).
A card enabling the holder to have purchases directly charged to funds on an account at a deposit-taking institution (this may sometimes be combined with another function, for example, that of a cash or cheque guarantee card).
   
   
Online settlement requires a personal identification number (PIN) to initiate the transaction.
Settlement requires appropriate security procedures.




== See also ==
== See also ==
* [[Cheque guarantee card]]
* [[Cheque guarantee card]]
* [[Personal identification number]]
* [[Credit card]]
* [[Credit card]]
* [[Debit]]
* [[MIF]]
* [[Payments and payment systems]]
* [[Payments and payment systems]]
* [[Personal identification number]]
* [[Virtual card]]


[[Category:Cash_management]]
[[Category:Cash_management]]

Latest revision as of 09:40, 24 January 2022

A card enabling the holder to have purchases directly charged to funds on an account at a deposit-taking institution (this may sometimes be combined with another function, for example, that of a cash or cheque guarantee card).

Settlement requires appropriate security procedures.


See also