Debit Payments

Debit payments refer to transactions where funds are directly withdrawn from a customer’s bank account to pay for goods or services. This payment method is commonly used for everyday purchases, online shopping, and bill payments. Debit payments offer convenience and security, as they eliminate the need for carrying cash or writing checks. They are typically processed through a debit card, which is linked to the customer’s bank account, allowing for quick and easy transactions. Debit payments are widely accepted by merchants and are a popular choice for individuals who prefer to manage their finances in real-time.

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