A debit card is a plastic card which provides an alternative payment method to
cash when making purchases. Physically the card is an
ISO 7810 card like a
credit card; however, its functionality is more similar to writing a check as the funds are withdrawn directly from either the cardholder's
bank account (often referred to as a check card), or from the remaining balance on a gift card.
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abbrev. Electronic Funds Transfer at Point of Sale.
an acronym for Electronic Funds Transfer at Point Of Sale; debit card used at the cash desk.