Debit Card Payments
A debit card payment is a transaction where money is directly withdrawn from a person's bank account when they make a purchase. This method allows users to spend only what they have in their account, helping to avoid debt. Debit cards can be used at various places, including stores, online shops, and ATMs.
When using a debit card, the cardholder typically enters a PIN (Personal Identification Number) or signs a receipt to authorize the payment. Debit cards are convenient and often come with features like contactless payments, making transactions quick and easy for everyday purchases.