Q.Write a short note on Debit Card.

A debit card is a bank-issued plastic card linked to the holder's own account; it lets him make cashless payments and ATM withdrawals, with the amount debited at once from his account, so he can spend only up to his available balance.

A debit card is one of the electronic banking (plastic money) facilities offered by commercial banks as a general utility service. Its main features:

• It is linked to the holder's own savings or current account.
• When used for a purchase (in a shop or online) or a withdrawal at an ATM, the amount is immediately deducted from the account balance. …