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​​How Debit Cards work

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How Debit Cards work?


Debit Card allows customers to make payments which get directly deducted from the account on a single tap. In terms of utility, it is the same as a Credit Card, meaning Debit Cards can be used in the same manner to make payments. However, in the case of Debit Cards, you use your own money, unlike borrowed funds in Credit Cards. With Debit Cards, you can access your account at various payment outlets across the country to pay for your purchases and to pay your bills online. Therefore, it eliminates the need for carrying physical cash.

When you use your Debit Card offline, you usually make the payment using a card machine. Payments using Debit Cards are very swift and convenient. Once the merchant inputs the amount, all you have to do is input your unique PIN to complete the transaction, and you will receive a notification of your completed payment. Your bank processes the request made by the merchant using the Debit Card and releases the required amount.

When you use your Debit Card online, you need to enter the 16-digit Debit Card Number, the expiry date, and the three-digit CVV number (found on the reverse side of the Debit Card) to make a purchase. Once the details are entered, there is an OTP triggered (One Time Password) to your registered mobile number which needs to be entered at the merchant’s site to complete the transaction.

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