Download - Final Debit Card Final!!!!!!!!!

7/24/2019 Final Debit Card Final!!!!!!!!!

1/45

VIVEK COLLEGE OF COMMERCE

CHAPTER 1:

INTRODUCTION

DEFINITION:-

An electronic card issued by a bank which allows bank clients access to their

account to withdraw cash or pay for goods and services. This removes the

need for bank clients to go to the bank to remove cash from their account as

they can now just go to an ATM or pay electronically at merchant locations.

This type of card, as a form of payment, also removes the need for checks as

the Debit card immediately transfers money from the clients account to the

business account.

!n many countries, the use of Debit cards has become so widespread

that their volume has overtaken or entirely replaced che"ues and, insome instances, cash transactions. The development of debit cards,

unlike credit cards and charge cards, has generally been country

specific resulting in a number of different systems around the world,

which were often incompatible. #ince the mid-$%%%s, a number of

initiatives have allowed debit cards issued in one country to be used in

other countries and allowed their use for internet and phone purchases.

DEBIT CARD 1


2/45


DEBIT CARD 2


3/45


FUNCTIONS:-

A &ebit card links directly to a persons bank account. !nstead of

writing a check or using cash, you can hand your card to a cashier orswipe it yourself to deduct the total amount of a transaction from your

account. #ometimes, youll sign after the transaction as you would when

using a credit card. 'ther times, youll need to enter a personal

identification number or (!). #ince most &ebit card are branded by the

major credit card companies, you can use your card anywhere youd

ordinarily use a credit card. *ou can also use a &ebit card at an ATM toaccess cash. *oull need to input your (!) to get money from an ATM.

*ou can also use the card to get cash during an in-store transaction in

many cases. !f you wish to get cash back at the store, choose debit and put

in your (!) instead of credit.

DEBIT CARD 3


4/45


ENEFITS AND ITS LIMITATION:!

The major benefits to this type of card are convenience and security.

Debit card have some advantages over checks or credit cards. +singDebit card in a store is a lot "uicker than writing out a check. The store

also does not have to worry about your check bouncing and doesnt need

to obtain as much information as they would if you used a check. Many

stores dont take checks any longer due to the high risk. !f you use a Debit

card wisely, you can avoid getting over your head with debt, which is a

possibility if you charge everything to a credit card.

DEBIT CARD 4


5/45


LIMITATION:

'n the flip side, here are the limitation of using a debit card over other payment

methods:

.Dis"#ted c$ar%es ca& be '(re di))ic#*t t( res(*+e,#ince money

was spent out of your account at the moment of purchase, you have more risk

with a debit card than with a credit card if the item is defective, misrepresented,

or never gets delivered to you.

$. S('e ba&-s 'a. c$ar%e .(# e/tra )ees, There could be monthlyservice charges, over-limit fees, per transaction costs, or penalties for dropping

below a minimum re"uired balance that result from using a debit card.

. 0(# d(&t i'"r(+e .(#r credit sc(re.uilding up your credit score is

an important consideration for your financial future. (aying bills, such as credit

card payments, on time is the most effective way to increase your rating or to

maintain a high credit score.

/. 0(# ca&t ta-e ad+a&ta%e () re2ard "(i&ts, 'ne of my favourite

reasons for using a credit card when making any large purchase is the

opportunity to get travel reward points. There are many different types of cards

that offer a variety of great incentives, and ! have an entire episode devoted to

rewards credit cardsto prove it.

0. It %i+es .(# *(2er *e+e*s () fraud protection,!f a thief gets your (ersonal

!dentification )umber, they could easily empty your bank account. 1raud

certainly happens with credit card use as well. 2owever, most credit card

companies put a hold an any account that shows unusual activity.

DEBIT CARD 5
http://moneygirl.quickanddirtytips.com/should-you-opt-for-overdraft-coverage.aspxhttp://moneygirl.quickanddirtytips.com/raise-credit-score-fast.aspxhttp://moneygirl.quickanddirtytips.com/what-are-the-best-rewards-credit-cards.aspxhttp://moneygirl.quickanddirtytips.com/what-are-the-best-rewards-credit-cards.aspxhttp://moneygirl.quickanddirtytips.com/identity-theft.aspx?commentid=21315http://moneygirl.quickanddirtytips.com/raise-credit-score-fast.aspxhttp://moneygirl.quickanddirtytips.com/what-are-the-best-rewards-credit-cards.aspxhttp://moneygirl.quickanddirtytips.com/what-are-the-best-rewards-credit-cards.aspxhttp://moneygirl.quickanddirtytips.com/identity-theft.aspx?commentid=21315http://moneygirl.quickanddirtytips.com/should-you-opt-for-overdraft-coverage.aspx


6/45


3. A&d *ast*.3 .(#r "(te&tia* *iabi*it. )(r 'is#se is #&*i'ited, This

contrasts the low risk that comes from misuse or theft of a credit card.

DEBIT CARD 6


7/45


CHAPTER 4:

PROCEDURE TO OTAIN A DEIT CARD

!n todays society, cash is becoming more obsolete, often being replaced by

debit cards. A debit card allows access to a source of funding that is linked to the

card. This funding source is typically a checking account, savings account or a

pre-paid balance. +sers may utili4e debit cards to make purchases in stores, over

the telephone and online, which provides more convenience than simply using

cash or checks. +se these tips to learn how to get a debit card.

DEBIT CARD 7


8/45


STEPS:-

1:! As- .(#r ba&- )(r a debit card t$at ca& be *i&-ed t( .(#r

c$ec-i&% (r sa+i&%s acc(#&t,!f you have an e5isting account with your

bank, it is usually only a matter of completing paperwork to ac"uire your own

debit card. #ince you have already established your identity with the bank, the

only paperwork that may be re"uired is an official application for a card. The

bank will review your application and, depending on your history with the bank,

approve your account for a debit card. The bank will mail you a card with

information about your pin number. *our pin number may be temporary or

permanent, depending on your bank. After receiving your card, activate it by

following the instructions mailed with the card.

DEBIT CARD 8


9/45


4:- O"e& a &e2 c$ec-i&% acc(#&t a&d a""*. )(r a debit card. !f you

dont already have an e5isting checking or savings account, visit a local bank

and open one. Many banks provide an opportunity to apply for accounts online.

1ill out all applications and paperwork, and re"uest a debit card with your new

account. After researching your credit history, the bank will either approve or

deny your re"uest.

DEBIT CARD 9


10/45


3:- P#rc$ase a "re!"aid3 *(adab*e debit card at a c(&+e&ie&ce

st(re3 disc(#&t st(re (r "$ar'ac.. Many locations sell 6isa or

Master7ard debit cards. These cards work much like the debit cards attached to

other accounts, e5cept that you load them with a balance that is only accessible

with the card. 'ne caveat to these pre-paid debit cards is that they typically

re"uire an activation fee when you put money into the account the first time.

2owever, the activation charge is a one-time fee and will not occur again while

you are using the card.

DEBIT CARD 10


11/45


CHAPTER 5:

HO6 TO USE A DEIT CARD

)owadays, more and more people are using debit cards as a mode of payment.

A reason for this is the convenience and speed of payment that it offers. #imilar

in look to a credit card, a debit card differs in that it is linked directly to a fund

source such as a savings or a checking account. 8hen the debit card is used, the

payment is automatically deducted from the fund, alleviating possible major

debts, as can be the case with a credit card. 2owever, caution and discipline

should still be maintained in ensuring that all debit card purchases are tracked,

and that any purchases made fall within the limits of the amount of cash in the

fund source.

STEPS:-

1:! Acti+ate t$e debit card 2it$ t$e ba&- 2$ere .(# (btai&ed it

)r('. +pon receipt of the debit card from your bank, make sure to activate it

to make it ready for use. This can normally be done by contacting the number of

the bank9s assistance center listed on the back of the debit card.

DEBIT CARD 11


12/45


4:! Ma-e s#re t$at .(# $a+e e&(#%$ cas$ i& t$e acc(#&t *i&-ed t(

t$e debit card t( )#&d )(r .(#r "#rc$ases. 8hereas you can use a

credit card to make purchases even if you do not have enough funds in youraccount at the moment, for a debit card, you can typically only make as much

purchases as the amount of funds you have in your account. !n some cases, you

can make purchases higher than the amount left in your account, but these

would result in overdraw fees. 7heck that the funds in your account is not below

the amount that you intend to spend, in order to ma5imi4e the use of the debit

card.

5:!K&(2 t$e PIN 'ber () .(#r debit card. A debit card would

usually come with a four-digit (!) personal identification number;, which you

can change to another number that you can easily remember. Make sure that you

have memori4ed your (!), and that you do not disclose it to anyone. As much

as possible, avoid writing down your (!). !f you must write it, keep the written

(!) in a separate place from your debit card. Try to choose a number

combination as well which will not be very easy to guess, should other people

come in possession of your debit card.

DEBIT CARD 12


13/45


7:! Ha&d .(#r debit card t( t$e cas$ier () t$e st(re 2$ere .(# are

'a-i&% a "#rc$ase,The cashier will swipe the debit card through the card

reading machine. The card reader will then present an option whether to pay

through debit or credit.


14/45


8:!C$ec- t$at .(#r tra&sacti(& $as bee& a""r(+ed. A notice will be

sent in the card reader indicating if your transaction has been approved. !f it has

not been approved, it is likely that you do not have sufficient funds in your

account to make the purchase.

3:- Kee" trac- () t$e "#rc$ases t$at .(# 'a-e 2it$ .(#r debit

card. !t is always a good idea to log the e5penses you pay with your debit card,

to keep your spending patterns in check.


15/45


CHAPTER 7:

T0PES OF DEIT CARDS

1, PIN!(&*. cards: (!)-only debit cards are linked to your bank account and

can be used for cash transactions and fund transfer, buy from retailers and pay

bills online or by phone. The card holder is re"uired to enter a secure (!) for

every transaction to establish identity and maintain security.

$. D#a*!#se cards: &ual-use debit cards are both signature- and (!)-enabled,and tied directly to your bank account. *ou can verify your identity either by

signing or entering your (!).

. ET cards:


16/45


DEIT CARD OF A NATIONALISED ANK

&ebit cards are accepted globally and offer the convenience of anytime

banking to the customers. !t has been decided to levy Annual

Maintenance 7harges on the &ebit 7ards

&ifferent charges are made to issue duplicate pins and new debit card

Ma5imum of accounts held in the same name and same capacity can be

linked to a &ebit card.

DEBIT CARD 16


17/45


DEIT CARD OF A COMMERCIAL ANK

&ebit 7ards are linked to #avings and 7urrent Accounts that are owned

by the customer. They ensure instant cash withdrawal and can be used in

any domestic ATM or any international ATM with a Master7ard or 7irrus

logo.

The 7ommercial ank Master and 6isa #hopping &ebit 7ard is the

easiest most convenient way to purchase goods and services from any

outlet.

&ebit 7ards can be used for accessing current and savings accounts of

customers through the ATMs as well as for purchase of goods and

services

Transactions will be directly debited to the customer account, and

cardholders can regularly monitor the card balance at any ATM or online.

DEBIT CARD 17


18/45


DEIT CARD OF A CO!OPERATIVE ANK

*our 7o-operative ank 6isa debit card is the simple, safe and sensible way to

pay for your everyday goods and services = at home and abroad, online or on

the high street. !t9s the only card you need, making your life easier when you

need to pay for essentials such as:

your weekly grocery shop

petrol, train or plane tickets

clothes or shopping trips

Meals out or cinema and concert tickets.

DEBIT CARD 18


19/45


CHAPTER 8:

THE PARTS OF A DEIT CARD

>earn the different areas on the front and back of a debit card.

T$e )r(&t () a debit card i&c*#des:

The debit card number

The issue date

The e5piration date

A 6isa? or Master7ard? logo

Debit card 'ber

this 3-digit number is uni"ue to your card. !t is different from your

checking account number.

Iss#e datethis is the date your debit card was issued.

DEBIT CARD 19


20/45


E/"irati(& date

your card can only be used until this date. A new card will be

automatically sent to your address prior to the e5piration date.

Visa9 (r MasterCard9 *(%(

This symbol means that you can use this card wherever 6isa? or

Master7ard? debit cards are accepted, for e5ample, department stores,

restaurants, and online.

DEBIT CARD 20


21/45


T$e bac- () a debit card i&c*#des:

The customer service number

The signature bar

The card verification value

The network logos

C#st('er ser+ice 'ber

7all this toll-free number when you "uestions about your account.

Si%&at#re bar

1or your protection against fraud, be sure to sign here as soon as you receive

your card.

Card Veri)icati(& Va*#e CVV;

This number is uni"ue to your card. 8hen you use your card to make purchases

over the phone or !nternet, some merchants may re"uire you to supply this

number to confirm that you have the card with you.

DEBIT CARD 21


22/45


Net2(r- *(%(s

the logos that appear on your card indicate where it can be used. *ou can:

Access any ATM that carries the same logos as your card.

Make (!)-based purchases at merchants that display the same (oint-of-

#ale network.

Make signature-based purchases at merchants that accept 6isa or

Master7ard debit cards.

DEBIT CARD 22


23/45


CHAPTER 6:

DEBIT CARD FRAUD

&ebit card fraud occurs when a criminal gains access to your debit card

number and, in some cases, (!), to make unauthori4ed purchases and@or

withdraw cash from your account. There are many different methods of

obtaining your information, from unscrupulous employees to hackers

gaining access your datafrom a retailers unsecure computer.

8hen your debit card is used fraudulently, the money is missing from

your account instantly. (ayments youve scheduled or checks youve

mailed may bounce you may not be able to afford necessities, and it can

take a while for the fraud to be cleared up and the money restored to your

account.

H(2 t( Detect Debit Card Fra#d

1ortunately, it doesnt take any special skills to detect debit card fraud.

The easiest way to spot problems early is to sign up for online banking, if

you havent already. 7heck your balance and recent transactions daily.

The sooner you detect fraud, the easier it will be to limit its impact on

your finances and your life. !f you see unfamiliar transactions, call the

bank right away. !f youre the forgetful type, start hanging on to the

receipts from your debit card transactions so you can compare theseagainst your online transactions.

!f you dont want to bank online, you can keep tabs on your recent

transactions via phone banking. !n the very least, you should review your

monthly bank statement as soon as you receive them, and check your

account balance whenever you visit an ATM or bank teller. 2owever, it

can take much longer to detect fraud using these methods.

DEBIT CARD 23
http://www.investopedia.com/financial-edge/0711/Most-Costly-Computer-Hacks-Of-All-Time.aspxhttp://www.investopedia.com/financial-edge/0711/Most-Costly-Computer-Hacks-Of-All-Time.aspxhttp://www.investopedia.com/financial-edge/0711/Most-Costly-Computer-Hacks-Of-All-Time.aspxhttp://www.investopedia.com/financial-edge/0711/Most-Costly-Computer-Hacks-Of-All-Time.aspx


24/45


< Eas. 6a.s t(Pr(tect 0(#rse*)

8hile you may not have any control over hackers and other thieves, there are

many things you can control that will help you avoid becoming a victim.

Bet banking alerts

!n addition to checking your balance and recent transactions online daily, you

can sign up for banking alerts. *our bank will then contact you by email or te5t

message when certain activity occurs on your account, such as a withdrawal

e5ceeding an amount you specify or a change of address.

Bo paperless

#igning up for paperless bank statements will eliminate the possibility of having

bank account information stolen from your mailbo5. #hredding e5isting bank

statements and debit card receipts using a diamond-cut shredder when youre

done with them will greatly reduce the possibility of having bank account

information stolen from your trash.

&ont make purchases with your debit card

+se a credit card instead, because it offers greater protection against fraud.

#tick to bank ATMs

they tend to have better security video cameras; than ATMs at convenience

stores, restaurants and other places.

&estroy old debit cards

some shredders will take care of this for you.

&ont keep all your money in one place

!f your checking account is compromised, you want to be able to access cash

from another source to pay for necessities and meet you financial obligations.

DEBIT CARD 24
http://www.investopedia.com/financial-edge/0512/Purchases-You-Should-Always-Make-With-A-Credit-Card.aspxhttp://www.investopedia.com/financial-edge/0512/Purchases-You-Should-Always-Make-With-A-Credit-Card.aspx


25/45


eware ofphishing scams

when checking your email or doing business online, make sure you know whoyoure interacting with.

(rotect your computer

+se firewall, anti-virus and anti-spyware software on your computer, and keep it

updated regularly.

+se a secured network

&ont do financial transactions online, when using your computer in a publicplace and@or over an unsecured network

6$at t( D( i) it Ha""e&s t( 0(#

!f you learn that your debit card information has been compromised, contact

your bank immediatelyto limit the damage the thief can do, and limit your

financial responsibility for the fraud. Make contact immediately by phone, and

follow up with a detailed letter stating the full name of the bank employee you

spoke with, details of the fraudulent transactions, and any ideas you have about

how your account may have been compromised. Ask your bank to waive any

)#1 fees that may be incurred because of the fraud, and to restore the

fraudulently withdrawn funds to your account.

2opefully, you wont have any trouble resolving the issue directly with your

bank, but if you do, you can contact a legitimate consumer advocacy group such

as (rivacy Cights 7learinghouse. There are also government organi4ations to

contact if your bank isnt cooperating. The agency to contact depends on the

type of bank you use.

!f you will have trouble making any of your monthly payments because of the

fraud, contact those creditors, e5plain the situation and ask if they can do

DEBIT CARD 25
http://www.investopedia.com/terms/p/phishing.asphttp://www.investopedia.com/articles/pf/05/060105.asphttp://www.investopedia.com/articles/pf/05/060105.asphttp://www.investopedia.com/terms/p/phishing.asphttp://www.investopedia.com/articles/pf/05/060105.asphttp://www.investopedia.com/articles/pf/05/060105.asp


26/45


anything for you. This step is e5tremely important, as failure to do so implies

your unwillingness to pay them. 2owever, if they know about your hardship,

they may be willing to work with you to reschedule payments.

C(&c*#si(&

Anything you can do to make a thiefs work more difficult, whether its staying

on top of your balance, spreading your cash out across multiple accounts or

making purchases with credit cards instead of debit, will help safeguard your

checking account and decreaseyour chances of becoming a victim of debit

card fraud.

CHAPTER =:

DEBIT CARD 26


27/45


Artic*e )r(' >T$e I&dia& E/"ress? $i%$*i%$ti&% t$e rise i&

debit@credit card sca'saar.173 4B17;

7handigarh (olice cyber-crime cell received many complaints about credit and

debit cards of the city residents being cloned and used by miscreants for

shopping at malls in &elhi, Burgaon and other states in the year $%.

The cyber cell received ,33 complaints in $% and D% in $%$. 'f all, 0

complaints were pertaining to credit and debit card frauds.

Most of these complaints pertained to card cloning and many complainants

claimed that they had made their last transaction at a fuel station. 7ybercrime

cell officers claim that after the arrest of MukulBarg and CamandeepEaur, who

were allegedly involved in cloning of credit and debit cards, there was a sudden

spurt in complaints of card cloning. ut, after that, police did not receive any

such complaint. &eputy #uperintendent of (olice cybercrime cell Cajesh Ealia

said, FTill about two months after the arrest of the duo, we received complaints

on card cloning. The complaints were mostly of incidents which had taken place

a few months back. 8e have not received any complaint of cloning after the

arrest of the two accused.G

'f the 0 complaints which were received by the cybercrime cell, three

hundred complaints were disposed of. According to the data provided by the

cybercrime cell, a 1irst !nformation Ceport 1!C; was registered only in five

cases. 8hen asked the reason behind the same, ( Ealia said, F'n verification

of complaints, sometimes the complainant was not ready to pursue the case, the

concerned bank is not cooperative or the addresses provided in the complaints

are fakeG.

The ( said, most of the complaints which the cyber cell is receiving thesedays involves credit or debit card fraud where the complainant had disclosed

DEBIT CARD 27


28/45


their account details on internet. F>ately, most of the complaints which we

receive are from those who had shopped online due to which their account

details got hacked,G he said.

Moreover, the cyber cell has also received complaints of online cheating.

'ut of these 3 complaints were disposed off and 0 complaints are still under

investigation. F'nline cheating involves complaints of those who responded to a

pop-up ad and revealed their card details. These also involves the mails which

claim that you e-mail address was chosen as the winner of some cash pri4e.G

Also, % complaints of job and lottery scam each were reported. 8hile all the

complaints of lottery scam were disposed off , four complaints of job scam are

pending investigation.

Artic*e )r(' HT Mi&t Oct(ber B43 4B15;

DEBIT CARD 28


29/45


a&-s ca& be "e&a*ied )(r credit (r debit card )ra#d

'n $D #eptember, the Ceserve ank of !ndia C!; issued a notification stating

that it will not give any further e5tension to comply with the task to secure the

technology infrastructure for any debit or credit card transaction. >et9s

understand what it means for the bank and you.

N( '(re e/te&si(&

!n order to contain frauds in payment systems, C! had said that there is a need

to secure card-based transactions to protect the interest of card holders. C!constituted a working group in March $% to e5amine and recommend an

action plan which will fool proof the ecosystem. The group recommended

measures to secure the technology infrastructure, improve fraud risk

management practices and strengthen merchant sourcing process. C! had set a

deadline for this purpose. 2owever, various banks approached the banking

regulator seeking e5tension of the %#eptember deadline. ut C! decided notto give any further e5tension.

6$at d(es it 'ea& )(r ba&-s

DEBIT CARD 29


30/45


anks that do not comply with the security re"uirements will have to

compensate losses incurred by any card holder using debit or credit card at any

point of sale (o#; terminal. #o for instance, if you swipe your card at a shop

and any fraudulent activity takes place, then your bank will have to pay for it.

C! has also set a timeline for banks to pay for any fraudulent activity. C! has

mandated banks to find out within three working days from the date of

complaint whether the (o# terminal where the transaction was done is

compliant with the prescribed security mandate. !f it is found that the (o#

terminal is non-compliant, the issuing bank will have to pay the disputed

amount to the customer within seven working days. !f the bank fails to pay the

money that was compromised within seven working days, it will have to pay

Cs.%% per day to the customer from the eighth working day. C! further says

that the issuing bank shall claim the amount paid by it to the customer from the

respective bank which has ac"uired the (o# transaction in "uestion. The

ac"uiring bank has to pay the amount paid by the issuing bank without demur

within three working days of the issuing bank raising the claim.

6$at d(es it 'ea& )(r .(#

There has been an increase in the number of fraudulent activities on debit and

credit card transactions. And there have been instances where banks have

refused to even register a complaint in case of any credit and debit card fraud.

This circular should put to rest the confusion on who will take the blame in caseof a dispute. *ou also need to be prudent to register complaint as soon as you

reali4e that a fraudulent activity has happened.

ATRICLE FROM :! USINESS LINE SEPTEMER 34B17;

DEBIT CARD 30


31/45


SBI lau!"#$ %ul&'(!urr#!y 'ra&'oal !ar)

Mumbai:

#tate ank of !ndia #!; in tie-up with Master7ard on Monday launched its

first multi-currency international card to allow consumers to use a single card to

pay in multiple currencies.

FTo begin with, the prepaid card will enable customers to load four currencies =

+# dollar, euro, Breat ritain pound and #ingapore dollar. More currencies will

be added going forward as the card has the facility to be loaded up to $currencies, # E Mishra, &eputy Managing &irector, #!, said.

Mishra added that outbound travel from !ndia is growing with 0 million people

travelling outside !ndia. FThis is e5pected to grow to 0% million in $%$%.

7onsumers e5pect smart products to address their travel needs. The multi-

currency foreign travel card gives an option to load currencies of choice at #!9s

branch network,G he said.

At present, the card can be issued at an annual fee of Cs. %% without any

interchange fee to customers. 7ustomers will have to pay the traditional ATM

withdrawal charges of H.D0 in the +#, I.0 in


32/45


SURVE0 AND It?s FINDINGS

METHOD OF DATA COLLECTION:-T"#r# ar# 4 %#&"o)$ For

!oll#!&'* +r'%ary )a&a,

Ir-'#. %#&"o)

/u#$&'oa'r# %#&"o)

S!"#)ul# %#&"o)

For !arry'* ou& &"'$ $&u)y I .'ll u$# u#$&'oa'r# a$ a

%#&"o) o )a&a !oll#!&'o,

DEBIT CARD 32


33/45


ANNEXURE I

1 NAME: 4 AGE:

5 GENDER: a;Ma*e b;Fe'a*e

7 D( .(# $a+e ba&- acc(#&t

A *es ; )o8 I& 2$ic$ ba&- .(# $a+e a& acc(#&t

a;)ationalised b;privatec;foreign d;co-operative

, 6$at t."e () debit card .(# $(*d

a;(ayment card b;ATM card=, 6$at 2(#*d .(# "re)er t( carr.

a; cash b;&ebit card, 6$ic$ card 2(#*d .(# "re)er

a; credit card b;debit card


34/45


Si%&at#re:

DEBIT CARD 34


35/45


ANAL0ISIS OF SURVE0

! have conducted the survey among $% people on debit card among

which / were males and 3 females. ! have segregated the people surveyed in to

/ groups

AB< MA>< 1< T'TA>

$%-% 3 D

-/% 0 / K

/-0% %

Above 0% $

20(30 31(40 41(50 Ao-# 500

1

2

3

4

5

6

7

AE

FEAE

!) 82!72 A)E *'+ 2A6< A) A77'+)TL

DEBIT CARD 35


36/45


Type of

anks

Male 1emale Total

)ationali4ed 3 / %

(rivate 3 $

1oreign % $ $

7o-operative % % %

a$ a&'oal'#) Pr'-a For#'* Co(o+#ra&'-#

0

1

2

3

4

5

6

7

al# F#%al#

According to the survey, ten people have nationali4ed bank account among

them si5 are males and four are females.


37/45


8hat type of debit card you holdL

Types Male 1emale Total

(ayment card $

&ebit card / /

al# F#%al#

0

2

4

6

8

10

12

14

16

Pay%#& !ar)

D#'& !ar)

According to the survey, two people prefer payment card one male and female.

And eighteen people prefer debit card among which fourteen are males and

four are females.

DEBIT CARD 37


38/45


8hat would you prefer to carryL


7ash / D

&ebit card %

oth $

Ca$" D#'& !ar) Bo&"

0

2

4

6

8

10

12

al# F#%al#

According to the survey, people have selected to carry a debit card among

them ten are males and one is a female. #even people preferred to carry cash with

them among which four are males and three are females. 'ne male and female

have selected to carry both cash as well as debit card with them.

DEBIT CARD 38


39/45


8hich card would you preferL

Types of card Male 1emale Total

&ebit %

7redit $ 0

)one $

D#'& Cr#)'& o#

0

2

4

6

8

10

12

al#

F#%al#

According to the survey, thirteen people have selected debit card. Among them,

ten are males and three are females. 1ive of them selected credit card as their

option among which two are males and three are females. And two people have

selected both credit and debit cards.

DEBIT CARD 39


40/45


&o you use debit card for online purchaseL


*es %

)o / D

al# F#%al#

0

2

4

6

8

10

12

#$

o

According to the survey, thirteen people use their debit card for online

purchases. They are ten males and three females. And seven people among

them do not use their debit card for online purchase among which three are

males and four are females.

DEBIT CARD 40


41/45


2ow fre"uently do you use your debit cardL

Time Male 1emale Total

&aily / D

8eekly D

Monthly $ 0

Da'ly ##ly o&"ly

0

1

2

3

4

5

6

7

8

al#

F#%al#

According to the survey, seven people carry daily transaction with their debit

card among which four are males and three are females.


42/45


CHAPTER


43/45


222,%((%*e,c('

222,2i-i"edia,c('

222,i&+est("edia,c('

222,sbi,c('

222,citiba&-,c('

222,c(''ercia*ba&-,c('

ANNEXURE I

1, NAME:

4, AGE: 5, GENDER: a;Ma*e b;Fe'a*e

DEBIT CARD 43
http://www.google.com/http://www.wikipedia.com/http://www.investopedia.com/http://www.sbi.com/http://www.citibank.com/http://www.commercialbank.com/http://www.google.com/http://www.wikipedia.com/http://www.investopedia.com/http://www.sbi.com/http://www.citibank.com/http://www.commercialbank.com/


44/45


7, D( .(# $a+e ba&- acc(#&t

A; *es ; )o8, I& 2$ic$ ba&- .(# $a+e a& acc(#&t

a;)ationalised b;private

c;foreign d;co-operative, 6$at t."e () debit card .(# $(*d

a;(ayment card b;ATM card=, 6$at 2(#*d .(# "re)er t( carr.

a; cash b;&ebit card, 6$ic$ card 2(#*d .(# "re)er

a; credit card b;debit card


45/45
