BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Credit Card
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Sam’s Card
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Debit Card
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Macy’s Card
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Detailed explanation-1: -Using a debit card at an ATM. To easily withdraw from or deposit cash to your checking account, you can use your debit card at an ATM. The first thing you need to do is insert your debit card into the ATM. Next, for security purposes, you will be prompted to enter the PIN number you chose for the card.
Detailed explanation-2: -A debit card can be used at an ATM as well as for online and offline transactions by entering the information and/or swiping the card. Any debit card transaction, whether it is a cash withdrawal from an ATM or an online/offline payment, the amount is deducted directly from the user’s linked bank account.
Detailed explanation-3: -It can be used at ATM for deposits, withdrawals, account information, and other types of transactions. A debit card can be used in place of using a credit card or cash or a cheque to pay for merchandise. Debit card also allows for instant cash withdrawal, acting as an ATM card.