Debit cards A debit card is an ISO 7810 card which physically resembles a credit card, and, like a credit card, is used as an alternative to cash when making purchases. However, when purchases are made with a debit card, the funds are withdrawn directly from the purchaser's current/ checking or savings account at a bank. ...more on Wikipedia about "Debit card"
The EON, officially the EON Cyber Account, is an electronic savings account offered by Union Bank of the Philippines, or UnionBank. It is a savings account, a checking account, and a debit card all in one and has two firsts attributed to its name in terms of two things: first, it is the first electronic savings account in the Philippines, and second, it is a technologival marvel in the Philippine setting. ...more on Wikipedia about "EON"
Interac Association is a Canadian organization linking enterprises that have proprietary networks so that they may communicate with each other for the purpose of exchanging electronic financial transactions. The Association was founded in 1984 by five financial institutions. As of December, 2004 there are over 90 member organizations. In Canada, the word Interac is often used as an eponym for debit card. ...more on Wikipedia about "Interac"
Laser is the primary debit card system used in the Republic of Ireland. It was launched in 1996 and currently has more than 1 million customers. Seven Irish financial institutions are partners in the Laser card system: Allied Irish Banks, Bank of Ireland, EBS Building Society, First Active, National Irish Bank, Permanent TSB and Ulster Bank. ...more on Wikipedia about "Laser (debit card)"
Maestro is an international debit card service; a joint venture by MasterCard and Europay International. Maestro cards are obtained from associate banks and linked to the cardholder's current account. The cardholder presents the card at the Point of sale (POS) and this is swiped through the terminal by the assistant or dipped into a PINpad. The payment is authorised by the card issuer to ensure that the cardholder has sufficient funds in their account to make the purchase and the cardholder confirms the payment by either signing the sales receipt or enters their 4-digit PIN. In the UK, Maestro cards issued abroad have to be verified by signature unless they have a chip. ...more on Wikipedia about "Maestro (debit card)"
Solo is a debit card produced by Switch Card Services in the UK. It can only be used electronically and is designed for people under the age of 18 or on lower incomes. ...more on Wikipedia about "Solo (debit card)"
Switch was a debit card used in the United Kingdom. It is a sister of the Solo debit card. Switch was launched in 1988 by Midland Bank, National Westminster Bank and Royal Bank of Scotland. The brand has now been merged with Maestro, an international debit card brand. This merger has been referred to as the "penguin wedding" with distinctive advertisements of the penguins in different international settings, by Joel Veitch. However, despite the Maestro brand name, the transactions in the UK are still processed by the Switch system. ...more on Wikipedia about "Switch (debit card)"
Visa Delta is a major debit card issued by Visa in the United Kingdom. Of the major banks in the UK, the ones issuing debit cards under the Visa Delta scheme are: Barclays Bank, Lloyds TSB, Abbey and Halifax Bank of Scotland who abandoned Switch due to a delay in chip and pin rollout. The scheme is also used by many smaller banks and building societies including the Coop Bank, Alliance & Leicester and Nationwide. ...more on Wikipedia about "Visa Delta"
Visa Electron is a debit card available across most of the world, with the exception of the United States, Canada and Australia. The card was introduced by VISA in the 80s and is a sister card to the Visa Delta card. If the Visa Electron logo is the only VISA logo on the card, the card will always require online authorisation. ...more on Wikipedia about "Visa Electron"
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