The IT Law Wiki


A debit card (also called a check card) is

[a] payment card issued as either a PIN-based debit card (ATM card) or as a signature-based debit card from one of the bankcard associations. A payment card issued to a person for purchasing goods and services through an electronic transfer of funds from a demand deposit account rather than using cash, checks, or drafts at the point-of-sale.[1]
[a] card linked directly to the holder's bank account, withdrawing money from the account. Not as safe as credit cards for online shopping since if problems arise, the buyer's money has already been spent and is harder to get back.[2]


A debit card is tied directly to the cardholder’s bank account. Funds for all transactions are deducted directly from the cardholder’s bank account, but cardholders can make [credit card]]-type transactions that do not require a personal identification number PIN.


  1. FFIEC IT Examination Handbook, Retail Payment Systems, Appendix B: Glossary (full-text).
  2. Cyber Security Planning Guide, at CSG-3.

See also[]