Debit Card – Payment Processing Term

Debit Card

 

Debit Card: A card that is linked to a bank account that uses available funds to make payment.


A debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder’s bank account when performing a transaction.

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