MANAGEMENT

Detailed explanation-1: -Debit cards allow you to spend money by drawing on funds you have deposited at the bank.

Detailed explanation-2: -A debit card is a plastic payment card that can be used instead of cash when making purchases. Debit cards allow bank customers to spend money by drawing funds that they deposited with the card provider. It allows you to access your account from different merchants terminals throughout country and abroad.

Detailed explanation-3: -A debit card uses funds from your bank account while a credit card is linked to a credit line that can be paid back later, which gives you more time to pay for your purchases.

Detailed explanation-4: -A debit card is issued by a bank or credit union to checking account-holders. It allows them to access funds in the account, either as cash from an ATM or to buy goods or services, like a credit card.

Detailed explanation-5: -Debit cards take money out of your checking account immediately. Debit cards let you get cash quickly. You can use your debit card at an automated teller machine, or ATM, to get money from your checking account. You also can get cash back when you use a debit card to buy something at a store.