This document discusses features and types of debit cards. It notes that debit cards can be used to make payments at point of sale terminals and online, function as a substitute for checks by allowing cash withdrawals and third party payments, and are valid for 5-10 years. The document also outlines various types of debit cards issued by banks including priority, classic, business, gold, and ladies first cards. It describes the security features and components of a typical debit card.

1. Debit Cards Uses,
Features,Product Types
•
Presenters
farah
Karthik
Rajshekar
Sandeep
Bhavana

3. Features
➢
BUY NOW , PAY NOW
➢
Needs Saving Bank Account.
➢
Validity is 5 years/ 10years
➢
No credit limit
➢
Annual charges levied on Debit card
➢
Limited Cash Withdrawal
➢
●

4. Debit cards
• A Debit Card is substitute of Cheque.
• It is a Faster mode of withdrawing Cash &for making payments
to third party.
• It can be used to make a payment at shops or restaurants where a
Point of sale (POS) terminal is available.
• It can also be used to make payments of online purchases.
• Many debit cards are of the Visa or MasterCard brand.
• Debit card can be used in Any ATM .
• Annual charges are levied for a Debit card.

5. Types of Debit cards issued by
• Priority Platinum Debit Card
• Classic Debit Card
• Business Titanium Rewards Debit Card
• Mastercard Business Debit Card
• MyDesign - Image Debit Card
• Gold Debit Card
• Business Platinum Debit Card
• Titanium Rewards Debit Card
• Gold Plus Debit Card
• Ladies First Card

6. (1) is the bank logo.
(2) is the EMV chip
(commonly referred to
as 'Chip And Pin')
(3) is the Hologram
(4) is the 16 Digit
card number
(5) is the logo of the
card type
(6) is the expiry date
(7) is the name of the
cardholder

7. • VISA card Starts with Number “4” also
called as MII (Major Industry Identifier)
Digit .
• Last Number is “CHECK DIGIT” .
• First 6 digits Numbers are IIN (Issuer
Identification Number) Digit, Previously
Called Bank Identification Number (BIN).
• From 7th – 15th Numbers are Account
Number .
• Master Card Starts With Number “5” also
Called as MII(Major Industry Identifier)
Digit .
• Reverse Side of the card there is a 3 Digit
CVV Number