Business Studies, asked by heroinesyko015, 10 months ago

objective of debit card and credit card

Answers

Answered by nidatabassum
3

Explanation:

To make payments or to pay bill!

Answered by YuvrajPatil
1

Answer:

A debit card is not a credit card. When you use a debit card, the money is deducted from your checking account. With a credit card, you're borrowing money to be repaid later. ... ATM and debit cards are also a convenient way to make purchases without carrying cash that help you keep better track of the money you spend.

They also both offer convenience and eliminate the need to carry cash. They even look similar. The fundamental difference between a debit card and a credit card account is where the cards pull the money. A debit card takes it from your banking account and a credit card charges it to your line of credit.

hope this will be helpful to you

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