What is a Debit Card?
Debit cards represent an incredibly convenient form of digital money. They offer a hassle-free transaction method for cardholders wishing to make payments. These payments can be directed to various merchants, both physical and online, as well as to e-commerce portals. The transaction process is straightforward and efficient, as the funds are drawn directly from the balance in the cardholder’s bank account. This account is linked to the debit card, allowing for immediate access to funds and a smooth transaction process. Thus, debit cards eliminate the need to carry cash and provide a secure and easy payment method.
