A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer's purchases. A debit card may be mac [..]

While debit cards and credit cards are alike in appearance, they differ in one critical aspect: A debit card withdraws money from a bank account, while a credit card creates a loan. Think of them as "pay now" (debit) versus "pay later" (credit). Today's debit card users often have the choice of authorizing transactions by e [..]

A card that allows purchases to be deducted directly from a consumer's personal checking account.

A card enabling its holders to make purchases and/or withdraw cash and have these transactions directly and immediately charged to their accounts, whether these are held with the card issuer or not. S [..]

Debit cards let buyers pay for goods and services with funds from their checking account and are an important part of any merchant’s business. Debit cards give consumers more flexibility in their payment options and can be used in two ways: online debit and offline debit.

plastic card through which payments are made electronically from the cardholder's bank account.

A debit card — sometimes called a cash plus card — allows you to make point-of-sale (POS) purchases by swiping the card through the same type of machine you use to make credit card purchases. Sometimes you authorize a debit card transaction with your personal identification number (PIN). Other times, you sign a receipt just as you would if you were [..]

An increasing popular means of accessing the funds in a bank checking account. While debit cards look (and taste) almost exactly like credit cards, they are fundamentally different in how they are pro [..]

A card issued by a bank that combines the functions of an ATM card and a check. A debit card can be used to withdraw cash at a bank, like an ATM card. It can also be used like a check at stores, to pa [..]

Definition A card which allows customers to access their funds immediately, electronically. Unlike a credit card, a debit card does not have any float. With a debit card, you can immediately take mone [..]

A debit card is different from a credit card. A debit card is used to take money from a particular account. The money is already there whereas a credit card is used to create a loan. The credit card bill is paid at a later point. In order to use a debit card, an individual is asked to punch in a PIN or signing.

this plastic card looks like a credit card, but it is used to withdraw money from a savings or checking account. When you use a debit card at Automatic Teller Machines or in stores to make [..]

A debit card is a plastic card sometimes called a "Check Card". The debit card has a MasterCard® or Visa® logo and a magnetic strip on the back that allows you to pay for goods and s [..]

Any card that primarily accesses a Deposit Account.

A debit card allows the account owner to access their funds electronically. Debit cards may be used to obtain cash from automated teller machines or purchase goods or services using point-of-sale syst [..]

An ATM card that allows you to pay for goods at stores or businesses, online, and at ATMs. A debit card draws the money from your checking account, in contrast to a credit card where you’re borrowing [..]

A small, specially coded plastic card issued by a bank; allows the cardholder to transfer funds electronically and immediately from his or her checking account, as if the cardholder were writing a check to pay for a purchase.

A card used instead of cash to pay for purchases. Once the transaction is approved, the amount is jump to

Debit cards behave and act just like a credit card, except that the funds are immediately withdrawn from the cardholder’s bank account. A credit card on the other hand is billed to you each month, and may contain interest charges. You do not have to pay off credit cards each month, while with debit cards there is no balance to pay off, as the money [..]

Debit cards look like credit cards or ATM (automated teller machine) cards, but operate like electronic cash or a personal cheque. When a purchase is made with a debit card, the amount i [..]

This type of card gives the used access to his deposits via ATMs. When payments are made with a debit card, the amount is taken directly from the account. As opposed to credit cards, the amount that c [..]

Used similarly to a credit card to make purchases, but the amount of the purchase is automatically deducted from a specific checking or savings account. A debit card may also be used at an ATM for various transactions.

A card used for making payments that looks similar to a credit card, but is more like a check in the sense that funds are withdrawn directly from the bank account it is attached to, or from the remain [..]

A plastic payment card that's linked to a checking, savings or pre-paid cash account where transactions are immediately deducted.

A debit card is used to take money out of a cash machine. It deducts the money you take out direct from your bank account. Cash cards can be used in the same way as cash by paying for goods and servic [..]

a plastic payment card that's linked to a chequing, savings or pre-paid cash account. As the card is presented for a transaction, it is approved for payment and the transaction amount is almost i [..]

A card linked to a checking account that can be used to withdraw money and make deposits at an ATM and to make purchases at merchants. When you use a debit card, the money will be deducted from the li [..]

A card that allows an individual to transfer funds instantly from a bank account.

A plastic card that consumers may use to make purchases, withdrawals, or other types of electronic fund transfers. Use of a debit card results in an immediate transfer of funds

A plastic card similar to a credit card that allows money to be withdrawn or payments made directly from the holder's bank account.

A debit card is a plastic payment card that's linked to a deposit account. Debit cards are accepted for purchase transactions at participating businesses. When the card is presented and approved [..]

A Debit Card provides an alternative payment method to cash when making purchases. The funds are withdrawn either directly from the bank account, or from the remaining balance on the card. Certain Deb [..]

A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer's purchases. A debit card may be machine readable, allowing for the activation of an automated teller machine or other automated payments equipment.

A card that allows you to spend money directly from your current account, usually issued by banks

A debit card is a card that enables the holder to access funds in a deposit account at an authorised deposit-taking institution.

A debit card allows the cardholder to make purchases by immediately transferring money from the cardholder’s bank account to the vendor. Debit cards may also be used to withdraw money from an ATM (aut [..]

A card issued by a bank that can be used to withdraw cash from an automated teller machine or to make purchases at merchant locations. Debit cards deduct funds from the checking or savings account lin [..]

A plastic card, looks similar to a credit card, that consumers may use to make purchases, withdrawals, or other types of electronic fund transfers.

A plastic card that gives you access to your bank accounts via ATM and EFTPOS facilities.

A card assigned by your financial institution that is linked to your bank account. It can be used to make cash withdrawals from an Automated Teller Machine (ATM) or pay for items at retails outlets instead of using cash. Once you approve the transaction by entering your PIN, the amount is electronically deducted from your account and paid to the me [..]

A debit card allows electronic access to initiate withdrawals from an individual’s funds.

A scheme debit card enables a cardholder to make an alternative payment to cash, such as for purchases over the telephone or via the Internet. These cards have a scheme logo on the card, such as Visa or MasterCard, and transactions are processed through the proprietary scheme network. A debit card can be pre-paid or it can be linked to your deposit [..]

A card issued by a financial institution that permits an account- holder to draw funds from a pre-existing account in his or her name for the purpose of paying obligations or for making purchases in o [..]

A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer’s purchases. A debit card may be machine [..]

A plastic card issued by Peoples Southern Bank that customers can use anywhere Visa debit cards are accepted. Because money is deducted directly from a designated checking account, there are no interest charges. A Debit Card can also be used at ATMs so there is no need to carry both a Debit Card and an ATM card. Also referred to as a debit card.

 A bank card used to make electronic withdrawals from funds on deposit.laddering.  A strategy in which bonds (or Treasury notes) are purchased with increasing maturities that are staggered so that the [..]

A debit card is a plastic card used to make purchases where the amount is paid from a checking account instead of a credit card account. A DCU

Bank card used in lieu of a check to pay for goods and services. Funds are subtracted from the customer's deposit account linked to the card.

Another name for bank card. It allows you to access your depo sit accounts electronically. You can use it at banking machines or to pay for purchases at retailers using the direct payment service.

A form of payment in which a plastic card is used to deduct money directly from a checking account to cover the cost of a purchase. Purchases can typically be made with a PIN or an authorized signatur [..]

A plastic card issued by banks to customers to withdraw money electronically from their accounts. When you purchase things on the basis of Debit Card the amount due is debited immediately to the accou [..]

A plastic card that functions and resembles a credit card but directly debits a transaction from a selected checking account. It may also be used for withdrawals or other transactions associated with ATMs.

A plastic card that enables the cardholder to purchase goods or services, or withdraw cash, the cost of which is immediately deducted from their bank account. This card can also be used to activate point-of-sale terminals in supermarkets, gas stations, and stores.

A banking card enhanced with ATM (automated teller machine) and POS (point-of-sale) features that can be used to purchase goods and services electronically. The card replaces cash or checks. Transacti [..]

A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer's purchases. A debit card may be machine readable, allowing for the activation of an automated teller machine or other automated payments equipment.

A means of obtaining bank funds on demand and payment instruments. Debit cards can be used to: a) obtain funds over the counter at banks; b) obtain funds through automated equipment and systems; and, [..]

A card that debits the amount owing directly from a bank account. It be used to withdraw cash or to process an EFT via online banking.

A plastic card issued by a bank to a depositor, encoded so that it may be used in ATMs or in POS systems.

Unlike a credit card, you are not borrowing money. The card takes money you already have directly from your bank account. 

A card that draws funds directly from a deposit account.

 a small plastic card provided by your bank which gives you access to money that you already have in your bank account.

A debit card allows the account owner to access their funds electronically. Debit cards may be used to obtain cash from automated teller machines or purchase goods or services using point-of-sale systems. The use of a debit card involves immediate debiting and crediting of consumers' accounts.

An ATM bankcard. This type of card allows a merchant to deduct money directly from a customer's bank account.

A bankcard used to purchase goods and services and to obtain cash, which debits the cardholder's personal checking account. During online debit transactions, the cardholder must enter a PIN.

An increasing popular means of accessing the funds in a bank checking account. While debit cards look (and taste) almost exactly like credit cards, they are fundamentally different in how they are pro [..]

A card used for purchases that is issued by the consumer’s bank. Funds are deducted from the consumer’s checking account and transferred electronically to the merchant’s bank account when a purchase is made. Related Topics Identity Theft What is a debit card?

a plastic card that allows money spent to be automatically taken out of the associated account. If the account does not have adequate funds for the transaction, the purchase can be denied or accepted with an understanding that there will be overdraft fees.

 Examples of debit cards include Visa Delta or Maestro. They are designed to enable cardholders to transfer money from a current account, (including savings or deposit accounts), or an account on whic [..]

Payment card linked directly to the bank or post office account. Unlike a credit card, the amount payable is immediately debited against the account if a transaction is paid with the debit card (see a [..]

Plastic card that gives the cardholder access to their checking account at their financial institution. Transactions (both online and offline) that use a debit card immediately transfer the funds from [..]

A card used to initiate a debit transaction. In general, these transactions are used primarily to purchase goods and services and to obtain cash, for which the cardholder's asset account is debit [..]

Payment card, which has a remuneration level and with which a cardholder can pay for goods or services at an electronic cash register. When paying with a debit card the customer's account is generally charged immediately. Therefore, this form of payment is often called "pay now".

A card much like a credit card, but which takes money directly from the bank account, rather than borrowing the money from the issuer of the card.

A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer's purchases. A debit card may be mac [..]