define debit card or atm card
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A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.
In double entry bookkeeping, debits and credits are entries made in account .... concept is important since this is why so many people misunderstand what debit/credit really means.
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A ATM card is a payment card or dedicated payment card issued by a financial institutions which enables a customer to access automated teller
machine.
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