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Computer Applica

tions

Bank Cards

Bharathiar University - VISAKA

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Computer Applica

tionsBANK CARDS

Type Description

Debit Card Makes payment directly form a bank account

Credit Card Provides short term debt

Pre-paid Card Preloaded with Value given by banks – like a gift card – preloaded money card

At Point of Sale (PoS), Swipe Card and make payment for transaction Bharathiar University - VISAKA

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Computer Applica

tionsGetting a Bank Card

1 HOW TO ISSUE A CARDFROM YOUR ACCOUNT

- Approach nearest bank branch- Multiple cards from one

account– PIN issued by bank separately

2 ACTIVATE YOUR CARD- At your Bank’s ATM by even

balance checking

- At your bank branch by anytransaction

Bharathiar University - VISAKA

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Computer Applica

tionsTypes of Cards & Usage

PREPAID CARDS

Pre-loaded from your bank account

Safe to use, limited amount oftransaction

Can be recharged like mobilerecharge

DEBIT CARDS

Linked to your bank account

Used to pay at shops, ATMs,wallets, microATMs, online

shopping

Bharathiar University - VISAKA

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Computer Applica

tionsPoint of Sale (POS) & Card steps

BANKS ISSUE VARIOUSCARDS FOR THEIR

ACCOUNT HOLDERS

Prepaid Cards

Debit cards

Credit Cards

USE YOUR CARD TO SHOPANYWHERE

At any PoS

At ATM

Online shopping

PREPAID CARD CAN BEISSUED BY ANY BANK

FROM ACCOUNT OR CASH(FOLLOWING BENEFITS)

Pre-loaded card

Equivalent to cash

Can be recharged several times

Can be used at any PoS, ATM

Bharathiar University - VISAKA

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Computer Applica

tions

Prepaid Cards

Bharathiar University - VISAKA

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Computer Applica

tionsPrepaid Cards

• No bank account, no mobile?• You can still go digital• Open a Jandhan account in the nearest Bank – get

RuPay card or take a prepaid card from employer and PIN

Bharathiar University - VISAKA

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Computer Applica

tionsPrepaid card can be issued by any bank from account or cash

The Benefits of Prepaid Card• Pre-loaded card• Equivalent to cash• Can be recharged several times• Can be used at any PoS (Point of Sale), ATM

Bharathiar University - VISAKA