Business Studies, asked by mapalochishimba12, 6 months ago

how to differ between derbit card and a credit card

Answers

Answered by mahek77777
16

Debit cards allow bank customers to spend money by drawing on funds they have deposited at the bank. Credit cards allow consumers to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash.

Answered by Aakankshyatripathy
0

Explanation:

Debit means the removal of an amount from an account. In a book keeping entry, debits are indicated on the left-hand side. Credit refers to the amount received in an account. Credits are indicated on the right-hand side of a book keeping entry. It also means the ability of a customer to obtain goods or services without making an instant payment.

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