on 04-16-2008 4:58 AM
Hi all ,
Can please someone explain me the difference in the payment card processing when the card is a
1. debit card and
2. Credit card...
Please explain me in brief....
thanks
Dear Om Sairam
When Credit Card is used for purchasing goods and services with regular billing, the credit limit can be extended
When Debit Card is used, it is nothing but cash payment where the cardholder's bank account is debited instantly.
thanks
G. Lakshmipathi
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