Business Studies, asked by jyothivenkat1985, 7 months ago

what is meant by credit card and debit card​

Answers

Answered by Ish206
0

Explanation:

a credit card pays using money that belongs to you whereas a debit card pays money from another source, say a bank, the money doesn't belong to you and must be returned

Answered by Naimeesya
0

Answer:

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.

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