Ask Question
22 January, 02:58

Why are debit cards not listed as money?

a. not all banks issue debit cards.

b. debit cards cannot be used for payments at most stores.

c. because they perform the same function as checks, and checks are counted as money.

d. debit cards draw on checkable deposits, which are already counted as money?

+4
Answers (1)
  1. 22 January, 06:32
    0
    Why are debit cards not listed as money? B ecause they perform the same function as checks, and checks are counted as money. Debit cards are sometimes called check cards because they are linked directly to a checking account just as writing a check to someone would be. Since they are essentially serving the same purpose as a check, they are not listed as a money source.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why are debit cards not listed as money? a. not all banks issue debit cards. b. debit cards cannot be used for payments at most stores. c. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers