debit card

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debit card,

card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machinesautomated teller machine
(ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip.
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 for withdrawing cash from the user's checking account. Increasingly common in the 1990s as an alternative to credit cardscredit card,
device used to obtain consumer credit at the time of purchasing an article or service. Credit cards may be issued by a business, such as a department store or an oil company, to make it easier for consumers to buy their products.
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, debit cards have been promoted as safer than cash and more convenient than personal checks. By 1998 more than 73 million debit cards had been issued, with a sales volume of $134.7 million attributed to their use. They are typically issued by large credit-card companies through their participating banks. Debit cards offer the holder more limited legal protections than credit cards. Similar cards have also been used to distribute welfare benefits to recipients in some locales.
References in periodicals archive ?
For Lucky Cheque cards and Cheque Numbers send a stamped SAE marked "Lucky Cheque Gamecards" and/or "Cheque Numbers" to Mirror Lucky Cheque, PO Box 40, Blackburn, BB1 6AJ.
THOSE keen on taking up his offer can look forward to Robertson's face on Bank of Scotland cheque cards and cheque books.
But when it came to paying we would pretend she had left our cheque cards at home.
After the men had left the house, the woman found her handbag, containing pounds 200, a cheque book and cheque cards, had been stolen.
Over the last 12 months, 257 frauds involving cheque cards or credit cards were recorded in Roath and Cathays.
Partial authorization allows American Express Prepaid Cards, including American Express Gift Cards and American Express Traveler Cheque Cards, to be approved at Chevron and Texaco gasoline dispensers by recognizing the dollar balance on the card.