3.5 payment cards Flashcards
1
Q
Cash cards 💸💳
A
- withdraw cash
- can’t be used face to face
- offered to under 18s / low incomes
- 24/7 access
- visa or Mastercard
2
Q
Debit cards 💳
A
- cash + face to face + online
- immediate payment
-authorisation from provider (guarantee)
3
Q
Cash back
A
The transaction made on debit card is for the cost of stuff plus the £__ cash back
4
Q
Pre payment cards (oyster)
A
Electronic purses
5
Q
Contactless card
A
- Limited amount
- also on phones
