Difference between ATM card, Debit card and Credit card

What is a DEBIT card : 

A debit card looks just like a regular ATM card and you can use it in an ATM machine.  The difference between a debit card and an ATM card is that the Debit card logo like- Visa, Rupay, Mastercard logo is printed on its face. That means you can use a debit card wherever Visa, Rupay, and Mastercard are accepted, for example,  Shops, malls, online shopping, restaurants. Today all Banks provide Debit Card instead of ATM Card.


difference between atm card and debit card and credit card

What is an ATM card :

Note:- ATM uses only in the ATM machine, not for online shopping, restaurant, etc. On ATM card logos like Visa, MasterCard, Rupay are not printed.

Also Read:- What is Bitcoin Digital Currency

Difference between Goods and Services

What is a CREDIT card :

Credit cards are just like ATM cards and Debit cards, Credit cards allow a consumer to purchase goods and services by borrowing money from a bank. It is a loan that is provided by the bank. Purchases made during a month are being paid to the bank. If the user is unable to pay then the bank takes interest from him. 

Money borrowing from the bank is limited. therefore credit cardholder does not borrow unlimited money from the bank. It has limited features.

Also, Read

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