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Difference Between Debit Card and Credit Card

Difference Between Debit Card and Credit Card:

Difference between debit card and credit card

Difference between debit card and credit card

       
Debit Card
Credit Card
1.      Debit card id equal to your account value.
2.      It is an Asset
3.    To use a debit card customer should have      sufficient balance in his / her bank account.  
4.      It is like a Prepaid system
5.     You cannot buy an item with price higher then your balance.
1.    When you use Credit Card. You are Actually borrowing money from bank/financial institution
2.     It is Liability
3.     To use a Credit card customer may not have sufficient balance.
4.     It is like a Postpaid system
5.    You can buy an item with price higher then your bank balance (upto your credit limit.)

Basics of eCommerce

  1. Definition and History of ECommerce
  2. Role of E-Commerce in Daily Life
  3. Classification of e-Commerce Applications
  4. Difference Between Electronic Market and IOS
  5. Types Of e-Commerce


Ecommerce Payment Systems/ ePayment

  1. Types of Popular e-Payment Systems
  2. Explain Credit Card Payment System
  3. Advantages Disadvantages of Credit Cards
  4. Difference Between Debit Card and Credit Card
  5. Types of E-payment Security Schemes
  6. Types of e-Payment Security Protocols

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