A payment card in the physical format of a credit card that is used like a bank check. There is no line of credit, and sufficient funds must be available in the customer's bank account, which are ...
Accounting involves reporting financial events and transactions. The double-entry recording system captures a more reliable picture of a business' net worth because it assumes that a single event or ...
A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer's purchases. A debit card may be machine ...