Credit cards, debit cards, prepaid cards, etc.
1. Credit card: It is a card that can be borrowed for consumption and then repaid within the repayment period. Allows cardholders to make purchases in stores, online and elsewhere, with payments due at the end of each monthly billing cycle.
2. Debit card: It is a card directly linked to a bank account. When you make a purchase using a debit card, the money is debited directly from the cardholder's bank account.
3. A prepaid card is a card that is pre-charged, and the cardholder can make purchases at designated merchants or platforms. Prepaid cards are not directly linked to bank accounts, and funds are deposited through top-up.