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Credit Card, Debit card, sampath web card, can any one explain?
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<blockquote data-quote="shiranmotha" data-source="post: 8824088" data-attributes="member: 13147"><p><strong>Simple</strong></p><p></p><p></p><p></p><p>There are several networks of eMoney systems from different companies like VISA, MasterCard, American Express, Discover.</p><p>But in SL we mostly offered a VISA card. But Master and AMEX is also available in SL.</p><p></p><p>There are two types of these cards,</p><ul> <li data-xf-list-type="ul">Credit Card</li> <li data-xf-list-type="ul">Debit Card</li> </ul><p></p><p>Credit cards offer a loan to you and you dont have to have money in the bank (Or even a bank account). You pay the amount as you pay a loan. If you delay to pay, you have to pay a intrest too.</p><p>But debit cards help you to pay or withdraw money from what you have in your account. So there is no interest. Ex are Sampath WEB card, Commercial VISA debit shopping card, Seylan VISA debit card, Seylan Pre-paid cash card.</p></blockquote><p></p>
[QUOTE="shiranmotha, post: 8824088, member: 13147"] [b]Simple[/b] There are several networks of eMoney systems from different companies like VISA, MasterCard, American Express, Discover. But in SL we mostly offered a VISA card. But Master and AMEX is also available in SL. There are two types of these cards, [LIST][*]Credit Card[*]Debit Card[/LIST] Credit cards offer a loan to you and you dont have to have money in the bank (Or even a bank account). You pay the amount as you pay a loan. If you delay to pay, you have to pay a intrest too. But debit cards help you to pay or withdraw money from what you have in your account. So there is no interest. Ex are Sampath WEB card, Commercial VISA debit shopping card, Seylan VISA debit card, Seylan Pre-paid cash card. [/QUOTE]
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