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How Does a Debit Card Work?
The main types of debit cards are prepaid cards and debit cards linked to a bank or credit union account. You must load money onto a prepaid card before making a purchase. In contrast, a bank account debit card takes the money you spend directly from... More »
Difficulty: Easy
Source: www.ehow.com

Debit card - Wikipedia


A debit card is a plastic payment card that can be used instead of cash when making purchases .... Some companies' payment systems do not appear to accept prepaid debit cards. And there is a ris...

How Debit Cards Work | HowStuffWorks


Debit cards give you all the convenience of a credit card while limiting your ... as credit cards, but they do not draw money from the same source as credit cards.

Debit Card Basics | Personal Finance @ Duke


How does a debit card work? A debit card,like a credit card, is a small plastic card that can be used as a method of payment. However, instead of drawing from a ...

How Do Debit Cards Work? | Bankrate.com


Dec 12, 2012 ... But what really happens when a consumer makes a purchase with a debit card? Here's a quick tour through the three-part process.

How does a credit or debit card transaction actually work behind the ...


From a visual and slightly brief point of view, here is how an online card transaction works. ... How does the technology behind a card linked offer work? In other ...

What Happens If I Swipe My Debit Card as 'Credit'? | Credit.com


Jan 22, 2015 ... When a cashier says, "debit or credit?" the question may not mean exactly what you think it does.

Using Debit Cards | Consumer.gov


Sometimes you will pay a fee to use the card. Debit cards look like credit cards. But they do not work the same way. Credit cards use money that you borrow.

How to Use a Debit Card: 8 Steps (with Pictures) - wikiHow


Dec 21, 2015 ... Before deciding if you want a debit card from your bank, of if you should use it if you already have one, think about how debit card transactions work and ... That does not mean you should use them interchangeably, however.