The number of bank cards used in everyday life is constantly growing. One of the most popular types of this payment instrument is deservedly considered a debit card. It is a registered financial document that is designed to store funds in a specially created account and perform cashless payment or replenishment operations. For the onevanilla balance this is important.
The popularity of debit cards is due to several factors. The following features of the payment and financial instrument under consideration can be identified as the most significant:
- Tariffs set by banks for debit cards are lower than for credit
- Terms of service imply the impossibility of spending funds that exceed actually available money on the card
- Efficiency of financial transactions, most of which are carried out instantly
- The possibility of free registration provided by a large number of banks
- Interest on the balance of the account provided for some types