Asked by Yasmin Gallegos on May 01, 2024
Verified
When using a debit card,a customer directly uses his or her checking account.
Checking Account
A bank account that allows the account holder to access funds, make payments, and manage transactions with ease.
Debit Card
Cards that tap directly into the depositor’s bank account to fund purchases; also called a check card.
- Identify the distinctions and functions of debit and credit card usage.
Verified Answer
DC
Daniel Castro
May 01, 2024
Final Answer :
True
Explanation :
When a customer uses a debit card, the funds are directly pulled from their checking account.
Learning Objectives
- Identify the distinctions and functions of debit and credit card usage.