Online debit card

Online debit card

An online debit card is a plastic card that functions like a Visa or MasterCard credit card, but pulls funds from the accountholder's checking account. If the online debit card carries a Visa logo, for example, it can be used at all merchants who accept Visa credit cards. The descriptor "online" refers to how the transaction is processed; when the accountholder presents the card for purchase, the money is immediately deducted from the linked account.

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