A brief comparison of the payment methods ( Debit & Credit Cards ) including definition, characteristics, Advantages, Disadvantages and finally asking a general questions to the audience.

1. By Sumaiya Hossain Binti
ID 193006002
GBS, GUB
DebitAnd Credit Cards

2. ⚫Bank Card or Check Card.
⚫Plastic Card with alternative
payment
⚫Electronic Cheque
Debit Cards

3. ⚫'buy goods now, pay later'
⚫aren't linked to bank account.
⚫charged interest.
⚫rates of interest is high.
Credit Cards

4. ⚫Easy to obtain
⚫Linked with bank account
⚫cash withdrawal from an ATM
⚫Easier law enforcement
Advantages of Debit Cards

5. ⚫Charged non-sufficient
funds fees
⚫Penalty fees for overdraft
⚫Limit is the boundary
⚫Lower security Protection
Disadvantages of Debit Cards

6. ⚫Opportunity to build credit.
⚫Earn rewards.
⚫No foreign transaction fees.
⚫Anytime purchasing power.
⚫Not linked to savings account.
Advantages of Credit Cards

7. ⚫High Interest
⚫Prove Credit Worthiness
⚫Fraud
⚫Overspending
Disadvantages of Credit Cards

8. Debit or Credit Cards !?!
⚫What suits you or your
organization better?