Debit Cards

Debit cards provide a way for customers to pay for goods & services using cash they own, but are not physically carrying around with them.
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What are Debit Cards

Debit cards provide a way for customers to pay for goods & services using cash they own, but are not physically carrying around with them.

They can be used to withdraw cash at ATM machines, or make purchases directly from retailers (physical or online) without having to use cash, or write checks.

How Do Debit Cards Work?

When a consumer makes a purchase using a debit card the money is taken directly from the checking account linked to that debit card.

Advantages of using a debit card

  1. Debit cards eliminate the need to carry, and pay with, cash.
  2. Debit cards eliminate the need to carry, and pay with, checks.
  3. Debit cards use the cash you currently have in your bank account, without borrowing money like a credit card.
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