What Is a Debit Card and How Does It Work?
investopedia.com
What Is a Debit Card and How Does It Work?
A debit card (also called a bank card) works like a credit card, but instead of pulling from your available credit line, the funds come out of your checking account.
Mar 17, 2025
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S C I E N C E on Instagram: "Most people have no idea what actually happens inside an ATM the moment you insert your card When you slide your debit card into the machine, the ATM instantly reads the encrypted data stored on your card's magnetic stripe or chip. At the same time, it sends a secure request through your bank's network to verify your identity, check your PIN, and confirm that your account has the funds you're asking for. Once the bank approves the request, the ATM's internal hardware
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