Asked by Cassie Trucchio on Jun 05, 2024
Verified
Francisco made a purchase at his local Walmart.Instead of writing a check,Francisco used a card issued by his bank with a Visa logo on the front.He entered his PIN and the purchase was automatically deducted from his checking account.Francisco used his __________ card.
A) credit
B) debit
C) mortgage
D) point-of-sale
Point-Of-Sale
The location or system where a retail transaction is completed, such as cash registers or online checkout pages.
Debit Card
A payment card that deducts money directly from a consumer's checking account to pay for a purchase.
- Familiarize with various financial instruments and transactions.
Verified Answer
MM
Mushcat MertamiJun 11, 2024
Final Answer :
B
Explanation :
Francisco used a debit card, as indicated by the use of a PIN and the automatic deduction from his checking account.
Learning Objectives
- Familiarize with various financial instruments and transactions.
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