What kind of cards do they mean?
I have a DEBIT MASTERcard. Is this the same thing?
26-30, F
I have a DEBIT MASTERcard. Is this the same thing?
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SW-User
Credit/Debit cards are owned by certain companies which distribute it to various banks.
Major card companies are VISA card and MASTER card. When they distribute it to the bank, if we chose money to be deducted from our saving accounts rather than taking it on loan from bank, it's called Debit Card.
If bank lends us money and we pay to the bank later on, it's called Credit card.
Major card companies are VISA card and MASTER card. When they distribute it to the bank, if we chose money to be deducted from our saving accounts rather than taking it on loan from bank, it's called Debit Card.
If bank lends us money and we pay to the bank later on, it's called Credit card.