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debit card
debit card
A Dictionary of Business and Management
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2006
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© A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information)
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debit card A plastic card issued by a bank or building society to enable its customers with cheque accounts to pay for goods or services at certain retail outlets by using the telephone network to debit their cheque accounts directly. It is also known as a
payment card. The retail outlets need to have the necessary computerized input device, into which the card is inserted; the customer may be required to tap in a
personal identification number before entering the amount to be debited. Most debit cards also function as
cheque cards and
cash cards. In the USA these cards are sometimes called
asset cards.
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Debit Cards.
Newspaper article from: ATM & Debit News; 12/26/2002; 700+ words
; ...Charter One Offers Delayed-Debit Card To Small Businesses...markets an offline business debit card that debits account monthly or semi-weekly...Atlanta Is The Next Stop For Debit In Public Transportation Payments...to accept debit and credit cards. "Postal Service May ...
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Debit cards flop first tests. (Retailing Technology and Operations supplement)
Magazine article from: WWD; 4/24/1989; ; 700+ words
; DEBIT CARDS FLOP FIRST TESTS NEW YORK...to be sold on the debit card. Debit cards look like credit cards...Rossi pointed out that debit cards eliminate for the retailer...against the cost of a debit card. Often the transaction...
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Debit cards: beyond cash & checks.
Newspaper article from: Debit Cards: beyond Cash and Checks; 3/9/2009; 700+ words
; [ILLUSTRATION OMITTED] Debit cards are also known as check...automated teller machine) cards, but operate like cash or a personal check. Debit cards are different from credit cards. While a credit card is a way to "pay later," a...
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Debit cards win starring role.
Magazine article from: Bank Marketing; 3/1/1993; ; 700+ words
; ...finally ready to embrace debit cards? Maybe so, if the results...teetering on the edge, debit cards finally may be gaining some respect. While debit card advocates tout their...card. In this way the card and the financial institution...enhancements of credit ...
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 "Telegraph - Herald (Dubuque)")
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Debit cards can pose risks for consumers
Newspaper article from: Telegraph - Herald (Dubuque); 9/2/2007; ; 700+ words
; ...reaching for their debit cards rather than their credit cards when they're out...Because using a debit card triggers an immediate...out, but not with a debit card because the money for...popularity of debit cards has come an increase...
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Debit Cards the Latest Offering from Banks in Fort Wayne, Ind. (Originated from The News-Sentinel, Fort Wayne, Ind.)
Newspaper article from: Knight Ridder/Tribune Business News; 10/19/1993; ; 700+ words
; ...recognized at stores that accept Visa cards. Bill Dewhurst, president...will be. The advantages of a debit card may not be apparent to shoppers who usually use credit cards. Indeed there is a disadvantage. A shopper can make a credit card purchase without having money...
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Debit Cards Seen as No Threat to Credit Card Revenues.(Brief Article)
Magazine article from: American Banker; 6/29/2000; ; 700+ words
; ...say how much bad debt credit-card issuers charged off in 1999...figuring out why anyone would use a debit card instead of a credit card. "What is in it for the user...float,'" that makes credit cards attractive. Experts like Mr...
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Debit cards becoming payment method of choice for many consumers.
Newspaper article from: Knight Ridder/Tribune Business News; 10/7/2004; 700+ words
; ...Perez takes her debit card to pay for everything...increasingly favor debit cards over other forms...acceptance by merchants, debit cards are rapidly becoming...study said, debit-card transactions increased...pitfalls when using debit cards. "The ...
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The Debit Cards as Profit Drivers Report is out Now.
Business Wire; 6/12/2008; 700+ words
; ...research/250c20/debit_cards_as_pro) has announced...addition of the "Debit Cards as Profit Drivers" report...offering. The debit card is at the heart of a...CHAPTER 3: THE ROLE OF DEBIT CARDS AND THEIR PLACE IN THE...relationships - Debit card activation ...
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Debit Cards Winning More Of Recurring Bill-Pay Market.
Magazine article from: American Banker; 11/1/2005; ; 700+ words
; ...paying recurring bills with their debit cards. Though the option has been...programs offered by the credit card companies, which are eager...comfortable using their debit cards to pay their bills," said...People are using their debit card more often and paying more bills...
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debit card
Book article from: The Columbia Encyclopedia, Sixth Edition
debit card card that allows the cost of goods...an alternative to credit cards , debit cards have been promoted...more than 73 million debit cards had been issued, with a...issued by large credit-card companies through their participating...
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Credit/Debit/Travel Cards
Encyclopedia entry from: Encyclopedia of Business and Finance, 2nd ed.
...on the consumer scene: the debit card, as well as the ATM card...card. CREDIT CARDS A credit card is a pocket size, plastic card that allows the holder to make...At a minimum, the credit card will include identification...earliest issuance of credit cards in the ...
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Card-Issuing Bank
Encyclopedia entry from: Gale Encyclopedia of E-Commerce
...obtains approval from the card-issuing bank at the...that accepts credit or debit cards in exchange for goods...obtain cash from credit card purchases. A merchant...utilize online credit card processing software in...accept credit or debit cards as a method of payment...
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credit card
Book article from: The Columbia Encyclopedia, Sixth Edition
...possible with credit card payment. Credit card companies are also experimenting with smart cards that would act like a small computer...for its use. An alternative to credit cards is the debit card , which is used to deduct the price of...
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smart card
Book article from: The Columbia Encyclopedia, Sixth Edition
...is that these and other smart card ventures do not have a common...microprocessor increase, smart cards are envisioned as replacing...theater tickets, credit and debit cards, toll tokens, medical records...government use of a single smart card to replace driver's licenses...
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