Debit card is a type of debit card. Debit card can also be regarded as an upgraded version of savings card:
1. Debit card refers to the payment of money by the issuing bank to the card holder. It is a bank card issued by a person and has no credit limit. The cardholder deposits money first and uses it later. The functions of debit cards include depositing and withdrawing cash, transferring and remittances, paying wages on behalf of others, collecting water, electricity and gas bills, purchasing financial products, insurance, etc.;
2. Debit cards are issued by banks to provide financial services to depositors. A financial transaction card that is a type of debit card. There are two types: magnetic stripe and chip. Its main function is to make deposits and withdrawals at networked ATM machines and bank counters, and to make purchases at networked POS.
Warm reminder: The above information is for reference only and does not make any recommendations.
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