People might choose to use a debit card rather than cash for purchases because


Asked by maham237 @ in Business viewed by 292 People


People might choose to use a debit card rather than cash for purchases because
they do not want to carry around large amounts of cash.
Otheir banking institutions charge high fees for cash withdrawals.
O most items cost less when purchased with a debit card.
O debit cards have a higher value than cash and can buy more.

Answered by maham237 @



Answer:

they do not want to carry around large amounts of cash.

Explanation:

Debit cards are comparable in appearance to credit cards. The difference is that debits cards draw funds directly from the customer's account. It means that if the customer does not have sufficient funds in their account, a debit card transaction will not go through. Paying with a debit card is 'almost like' paying cash, only that the funds are held in a bank account.

People choose to carry and pay with debit cards to avoid moving around with a lot of cash. Debit cards reduce the risk of carrying a lot of cash.


Similar Questions

An advantage of using a debit card is that

Asked by maham237 @ in Business viewed by 267 persons

An advantage of using a debit card is: A) You can build up your credit B) You don’t have to record a transaction fee each time you use it to …

When can people make the best use of nature

Asked by admin @ in Geography viewed by 357 persons

When can people make the best use of nature​

Purchase of animals for cash should be debited to

Asked by admin @ in Social Sciences viewed by 308 persons

Purchase of cow in cash should be debited to ?

A factory is emitting large amounts of cfcs into the atmosphere. how might this affect people?

Asked by maham237 @ in Biology viewed by 344 persons

increase in the rate of malaria breakouts increase in the level of ocean water increase in the rate of skin cancer increase in the frequency of violent storms

Which best describes a way people can use personal loans

Asked by admin @ in Business viewed by 318 persons

Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college to pay for groceries

Visually impaired people can read and write using

Asked by admin @ in Physics viewed by 366 persons

Visually challenged persons can read and write by using​

Which item is a benefit of using the travel card

Asked by admin @ in Business viewed by 292 persons

Which item is a benefit of using the travel card?

The development of printing using movable type enabled people to

Asked by admin @ in English viewed by 313 persons

Matching Match each item with the correct statement below. 1. state that was the cultural center of Italy 2. local spoken language 3. intellectual movement based on the study of …

Adjusting entries are recorded when cash basis accounting is used

Asked by admin @ in Business viewed by 306 persons

Which of the following is false? Group of answer choices Under accrual basis accounting, companies record revenues when they receive cash and record expenses when they pay cash. There are …

Which is a theme that a realist writer might use

Asked by admin @ in English viewed by 288 persons

In magical realist literature where can the reader find the central theme of a story

A debit is used to record which of the following

Asked by admin @ in Business viewed by 340 persons

A debit is used to record which of the following: A. An increase in a revenue account. B. An increase in the dividends account. C. A decrease in an expense …

Display card is used for the purpose of

Asked by admin @ in Computer Science viewed by 310 persons

Display card is used for the purpose of​

Which tools were used by primitive people for hunting

Asked by admin @ in Social Sciences viewed by 290 persons

(A) Answer the question. 1) Which tools were used by primitive people for hunting?(B) Fill in the blank.1) Pictures drawn by primitive man have been found in the …

Most viewed questions in Business


Foolproof module 9 test answers

Asked by maham237 @ in Business viewed by 3323 persons


Interest rates are expressed as a percentage of

Asked by maham237 @ in Business viewed by 2114 persons



How to enhance knowledge regarding environmental factors through capsim?

Asked by wiki @ in Business viewed by 1830 persons


Match the job titles with the career clusters.

Asked by maham237 @ in Business viewed by 1484 persons


A company that allows you to license software

Asked by maham237 @ in Business viewed by 1297 persons



Lupe is ready to open a checking account

Asked by maham237 @ in Business viewed by 1291 persons


Mays and mccovey are beer brewing companies

Asked by maham237 @ in Business viewed by 1219 persons


What must be marked on ready to eat bags phfs

Asked by maham237 @ in Business viewed by 1175 persons



Coq six sigma

Asked by maham237 @ in Business viewed by 1141 persons


Henry ford was the first entrepreneur to implement which strategy

Asked by maham237 @ in Business viewed by 1086 persons


Your company was recently served with a lawsuit

Asked by maham237 @ in Business viewed by 1079 persons



Case study starting a business project schedules and curves edgenuity

Asked by maham237 @ in Business viewed by 1068 persons


The total annual expenditures on advertising in the united states

Asked by maham237 @ in Business viewed by 973 persons