Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Credit Cards

Offline Debit Card

In the world of finance, we often come across terms that may seem daunting at first glance. One such term is "offline debit cards." Let's break it down. To put it simply, offline debit cards are a type of payment card that debits the amount spent directly from the card holder's bank account. This means that when a transaction is made using an offline debit card, the money is taken directly from the cardholder's bank account. What sets offline debit cards apart from traditional debit cards is that they do not require a PIN during the transaction. Instead, the user's signature is used for verification. These cards are typically issued by credit card companies in partnership with the bank where the account is held. So there you have it, a brief introduction to offline debit cards. Remember, while they may seem intimidating, understanding financial terms is all about breaking them down into simpler concepts.
Explore other categories
All terms and concepts related to borrowing money, including different types of loans, interest rate
Learn More
The "Property" category in finance encompasses all aspects related to real estate and tangible asset
Learn More
All terms and concepts related to the precious metal gold, including its price, trading, investment,
Learn More
All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m
Learn More
All terms & concepts related to financial contracts whose value is based on an underlying asset,
Learn More
All terminologies and concepts related to financial derivatives, including options and futures contr
Learn More
All terms and concepts related to insurance, which is a financial arrangement that provides protecti
Learn More
All terminology and concepts related to various tax types, tax laws, and taxation principles.
Learn More
All terms and concepts related to the process of saving and investing to ensure financial security a
Learn More
All terms related to investments like bonds or treasury bills that provide regular, fixed payments,
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link