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en.wikipedia.org/wiki/Debit_card

A debit card is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money comes directly from the user's bank account when performing a transaction. Some cards may carry a stored value with which a payment is made, while most relay a ...

en.wikipedia.org/wiki/Debits_and_credits

From the bank's point of view, when a debit card is used to pay a merchant, the payment causes a decrease in the amount of money the bank owes to the cardholder. From the bank's point of view, your debit card account is the bank's liability. A decrease to the bank's liability account is a debit. From the bank's point of view, ...

www.marketplace.org/2011/08/18/business/news-brief/short-history-debit-card

Aug 18, 2011 ... The debit card has been around since 1966, which means banks have had a lot of time to figure out new ways to charge you for using your own money. Wells Fargo this week announced a plan to test a $3 monthly fee for debit card users in five states, and as I reported earlier today, these fees are starting to ...

pocketsense.com/detailed-history-debit-cards-5462528.html

Jul 27, 2017 ... Debit cards are a new method to transact cash between a buyer and a seller of goods or services. They replace the interest-bearing debt created by using credit cards and restrict the user to the actual amount of money contained in his account. When the card is used like an ATM card, or for online ...

www.brighthub.com/money/personal-finance/articles/42073.aspx

Jul 6, 2011 ... The history of debit cards is an interesting one. Debit cards helped to change the way that people used money and bank accounts. Debit cards are used to pay for purchases at stores and other locations around the world. A debit card works by debiting the money from your checking account. For many ...

www.creditcards.com/credit-card-news/history-of-credit-cards.php

Jul 11, 2017 ... The American Express card, which launched in 1958, had an altogether different provenance. Formed in 1850 as a competitor to the U.S. Postal Service, American Express had introduced money orders in 1882, invented traveler's checks in 1891, and contemplated a travel charge card as early as 1946, ...

www.cardrates.com/advice/who-invented-the-first-bank-issued-credit-card

Jul 7, 2016 ... Ah, the ubiquitous credit card. Considering how these little pieces of plastic have helped to shape the consumer landscape for nearly six decades, do we really give them enough respect? (You thought I was going to say credit, didn't you?) We seldom give more than a passing thought to using a credit card ...

www.theukcardsassociation.org.uk/history_of_cards/index.asp

1987 Debit cards introduced: Barclays were the first UK bank on the scene issuing the Visa Delta card under the Connect brand in June. 1987. Four bank cash machine network established (Barclays, Lloyds, RBS, BoS) 1988. Switch debit card launched by Midland, NatWest and RBS with the first Switch transaction ...

www.marketwatch.com/story/happy-50th-birthday-to-the-atm-5-things-you-didnt-know-about-it-2017-06-27

Jun 27, 2017 ... Some banks, including Chase JPM, -0.08% and BMO Harris Bank have already begun experimenting with allowing consumers to use their smartphones to access their ATM, in lieu of a debit card, by using near-field communication (NFC ) technology, the same system that allows mobile payments such as ...