Difference Between Debit and Credit Card

Many still don’t know the difference between Debit and Credit Cards. Debit cards are most popularly known as ATM cards in India.

During the post-liberalization era, the Indian consumer had very less time in a Day and was looking for self banking. Thanks to K V Kamath who started the modern banking revolution – ATM, Online and Mobile Banking.

ATM/Debit Card:
Debit Cards are always tied to a Bank account [Savings or Current].

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