Debit cards

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by Jhinojosa1015
Last updated 5 years ago

Discipline:
Science
Subject:
Technology
Grade:
10

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Debit cards

Debit Cards

How it works-However, instead of drawing from a line of credit, a debit card automatically withdraws funds from an attached bank account; it combines the functions of ATM cards and checks. When you pay with a debit card, the money is immediately deducted from your checking account.

Definition-Debit Card- a debit card is a plastic payment card that provides the cardholder electronic access to their banks accounts at a financial institucion.

http://inventors.about.com/od/cstartinventions/a/credit_cards.htm

http://www.voanews.com/content/british-researchers-develop-safer-encryption-for-credit-cards/1821124.html

http://www.brighthub.com/money/personal-finance/articles/42073.aspx

http://www.nerdwallet.com/blog/nerdscholar/debit-card/

Excerpts from Articles

By:Jackie Hinojosa7th Period

Previously, debit cards have been in use for ABM usage since the late 1970s

When were debit cards invented-


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