The debit card is issued by a banking institution for a consumer who has a checking account with the bank.
It is magnetic a magnetic card which allows to withdraw money from the ATM, access to a wide range of services including telephone charges and shopping where there is the Pos (Point of Sale).
Unlike the credit cards , a debit card provides the position of all transactions on the bank account linked to it.
With the debit card, the transactions are performed only if there is money in the account.
Its used both to cash out than payments by typing the own PIN (Personal Identification Number).
To access the service of cash or any service provided by automated teller machines (mobile phone recharges, for example) need to be introduced bancomat card in the ATM space and type the personal identification code PIN (Personal Identification Number).
The PIN is a five-digit code, to maintain security assurances must remain secret and secure.
The most common are Visa Electron, Solo, Delta, Switch, Cirrus and Maestro.
There are many online bookies that accept debit cards, but usually prefer to use the most common credit cards or the new prepaid cards .
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