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Credit vs. ebit Cards

Forums: Business And Marketing
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gollum
 
Reply Fri 4 Jul, 2008 04:42 pm
To use a debit card, the user must input his/her PIN, while credit cards can be used without a PIN?

Why the difference?
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Type: Discussion • Score: 2 • Views: 1,713 • Replies: 2
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boomerang
 
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Reply Fri 4 Jul, 2008 05:13 pm
The debit card access your bank account, your credit card doesn't.
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gollum
 
  1  
Reply Fri 4 Jul, 2008 05:20 pm
Credit vs. Debit Cards
Yes.

The PIN is to reduce fraud I think. Why not have it for credit cards also?
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