Credit/Debit Card

Credit and debit cards are ubiquitous financial tools that have transformed how individuals make purchases and manage their finances. Credit cards provide users with a line of credit, allowing them to borrow up to a specific limit. In contrast, debit cards are linked directly to the user's bank account, deducting funds immediately for purchases. Both cards are widely accepted globally, providing a convenient and widely adopted method for in-person and online transactions. They offer benefits such as fraud protection, reward programs, and the ability to build credit history. The widespread use of credit and debit cards has significantly reduced the reliance on cash, offering users flexibility and convenience in managing their day-to-day financial activities.