Debit card: Difference between revisions
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imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
imported>Doug Williamson (Link with MIF page.) |
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* [[Credit card]] | * [[Credit card]] | ||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[MIF]] | |||
[[Category:Cash_management]] | [[Category:Cash_management]] |
Revision as of 08:18, 14 September 2015
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.