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There are certain disadvantages of debit card is that when u loose your card it can be misused,there are certain edc machines where in u need to enter your ATM pin to authorize the txns and also it card can be skimmed or card data can be compromised.
Abigail Sipes
Wiki User
∙ 12y agoThere are certain disadvantages of debit card is that when u loose your card it can be misused,there are certain edc machines where in u need to enter your ATM pin to authorize the txns and also it card can be skimmed or card data can be compromised.
Wiki User
∙ 15y agoSometimes they charge a nominal fee for using the card as a debit depending on what store you are using it in
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Advantages and disadvantages of a debit card?
ADVANTAGES: If you loss your card and the person know your pin they can get your money out 24 hour access to your money. You can use your debit card almost anywhere. No monthly interest charges on your spending. They allow you to have ATM access. With debit card you carry lots of money but your pockets doesn't get heavy.
Is Mastercard a debit card?
no, it is a credit card. a mastercard can be either a debit or a credit card
Where is promo code in debit card?
where is the promo code on a debit card
How old do you have to be to get a visa debit card?
11, I'm 11 and i have a Visa Debit card with Lloyds TSB, a proper visa debit card.
Can you get a loan with a rush card its a debit card?
There are debit card loans, but they are basically payday advances.
Advantages and disadvantages of a debit card?
ADVANTAGES: If you loss your card and the person know your pin they can get your money out 24 hour access to your money. You can use your debit card almost anywhere. No monthly interest charges on your spending. They allow you to have ATM access. With debit card you carry lots of money but your pockets doesn't get heavy.
Advantages and disadvantages of debit cards?
The advantages of debit cards is they provide a handy way to pay for things with money that you have. The disadvantages are if you don't have the money, you can't pay for something.
Where is the roll number on a debit card?
where is the roll no on a debit card
What is a common function of the debit card?
A common function of the debit card is as an ATM card.
Is Mastercard a debit card?
no, it is a credit card. a mastercard can be either a debit or a credit card
History of Credit card and Debit card?
Debit cards were introduced in 1977-1978. Master Charge, now called Master Card had a debit card called Signet. Visa's debit card was called Entree.
Where is your debit number on your debit card?
The last four numbers on your card
Where can you find your account number for your debit card?
at the back of the debit card
Where is promo code in debit card?
where is the promo code on a debit card
How old do you have to be to get a visa debit card?
11, I'm 11 and i have a Visa Debit card with Lloyds TSB, a proper visa debit card.
Can you get a loan with a rush card its a debit card?
There are debit card loans, but they are basically payday advances.
What can you use a Mastercard debit card for?
Just like a regular debit card. A MasterCard debit card can be used in any purchase wherein a debit card can be accepted. They provide an added convenience in online shopping.
