Which term is a card issued by a bank allowing electronic transfer of money to another bank account when making a purchase?

Which term is a card issued by a bank allowing electronic transfer of money to another bank account when making a purchase?

• A. Prioritize
• B. Digital Portfolio
• C. Debit Card
• D. Punctual

Answer: (C)

A debit card is a card issued by a bank that lets you pay by drawing funds directly from the bank account linked to the card. When you make a purchase, the bank transfers the purchase amount electronically from your account to the merchant’s account, typically right away or within a short processing window. This is different from a credit card, which borrows money that you pay back later. The other terms don’t describe a payment card at all—“Prioritize” is about ordering tasks, “Digital Portfolio” is a collection of digital assets, and “Punctual” means on time. So the card that enables this direct electronic transfer at purchase is the debit card.

A debit card is a card issued by a bank that lets you pay by drawing funds directly from the bank account linked to the card. When you make a purchase, the bank transfers the purchase amount electronically from your account to the merchant’s account, typically right away or within a short processing window. This is different from a credit card, which borrows money that you pay back later. The other terms don’t describe a payment card at all—“Prioritize” is about ordering tasks, “Digital Portfolio” is a collection of digital assets, and “Punctual” means on time. So the card that enables this direct electronic transfer at purchase is the debit card.