Debit cards as a way of replacing cheques

Debit cards as a way of replacing cheques

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Difference between Debit cards and cheques

The closest parallel to bank linked debit cards is a current account cheque.  Like debit cards, cheques draw funds straight out of a current account and they don’t have a separate account.  There are some differences. Debit cards offer quicker confirmation that the funds are in the account.  This means that there is not the [...]

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