debit card


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Related to debit card: credit card

debit card

n.
A bankcard used to make an electronic withdrawal from funds on deposit in a bank, as in purchasing goods or obtaining cash advances.

debit card

n
(Banking & Finance) an embossed plastic card issued by a bank or building society to enable its customers to pay for goods or services by inserting it into a computer-controlled device at the place of sale, which is connected through the telephone network to the bank or building society. It may also function as a cash card, a cheque card, or both

deb′it card`


n.
a plastic card through which payments for purchases are made electronically from the bank account of the cardholder.
[1975–1980]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.debit card - a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank accountdebit card - a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account
magnetic stripe - a short strip of magnetic tape attached to a credit card or debit card; it contains data that will tell a reading device who you are and what your account number is, etc.
positive identification - evidence proving that you are who you say you are; evidence establishing that you are among the group of people already known to the system; recognition by the system leads to acceptance; "a system for positive identification can prevent the use of a single identity by several people"
charge account credit, open-end credit, revolving credit - a consumer credit line that can be used up to a certain limit or paid down at any time
Translations
debetní karta
betalingskort
pankkikortti
debitna kartica
デビットカード
직불카드
bankkort
บัตรที่หักบัญชี
thẻ ghi nợ

debit card

كَارْت سَحْب debetní karta betalingskort EC-Karte χρεωστική κάρτα tarjeta de débito, tarjeta débito pankkikortti carte bleue debitna kartica carta di addebito デビットカード 직불카드 betaalkaart betalingskort karta debetowa cartão de débito дебетовая карточка bankkort บัตรที่หักบัญชี banka kartı thẻ ghi nợ 借记卡
References in periodicals archive ?
Year-over-year trending of payment type used in households, including debit card use in the U.
Surely, immediate payment by debit card is preferable to a delayed one by credit card.
What Is the Difference Between a Debit Card and a Credit Card?
When debit card customers buy something, the bank automatically rounds up the total purchase to the next dollar, withdraws the difference from the customer's checking account and deposits it in his or her savings account.
Todd Brockman, vice president of prepaid products for Visa, reports that the company has seen a 240% increase in prepaid debit cards since last year.
A consumer has a card that can be used either as a credit card or a debit card.
As a consequence, the Board amended Regulation E in 1984 to make clear that debit card transactions are covered by the regulation, whether the transaction takes place at a terminal that captures the transaction data electronically or is carried out manually and only later converted to electronic form.
The report, "Debit Card Danger," analyzed the checking accounts of more than 5,000 customers of the nation's 15 largest banks and found that debit card purchases and ATM withdrawals trigger 46 percent of high-cost overdraft loans.
Assesses issues and trends challenging debit card and consumer banking revenue growth, along with possible solutions.
Also, banks get close to 2 percent of the total purchase price of each debit card transaction as a cash windfall, considerably more than they receive for ATM and traditional credit card transactions.
JPMorgan Chase, through its Direct Payment Card product, has launched and continues to administer unemployment debit card programs in Arizona, Louisiana and New York.
Merchant Resistance Obstructs Debit Card Adoption 12