Its function is almost the same as a debit card for shopping and non-cash payments. What distinguishes it is: If the debit card payment system by taking / cut our balance contained in a bank account, but if the credit card by way of debt.
Yes, credit cards do not have a balance. If we are spending money using these cards, meaning that we owe to the banks that issue the cards.
These debts later totaled and billed monthly. But remember, these cards if the owner is a person who is not wise to use it, it will make wasteful and that late bill payment, interest was very big.
That definition and distinction between ATM Cards And Debit Card vs. Credit Card.
Although all three of the card there are similarities,/ but in function, usage, and different uses.
Hopefully what I wrote above helpful. And if there are criticism, suggestions, and questions, please comment below. Admin will try to reply as soon as possible.
