A debit card, that is also referred to as a bank card or check card in financial terms, exists in the form of a small plastic card that plays a very important role in providing an alternative payment method to cash when making purchases.
As far as its utility and functionality is concerned, you have all the rights to call it as an electronic check, because just in the same way as funds are withdrawn directly from bank, similarly, it acts as an alternative of having excess of cash in your pockets. So no need to carry loads of cash, when you can carry a plastic card and shop what ever you want! In some cases, the cards are designed exclusively for use on the Internet, and so there will not be an existence of any plastic card. But still, both serve the same purpose.
The use of debit cards has become extremely popular in many countries with the passage of each day. It has overpowered the existence of the cheque, and in some instances cash transactions by volume.
Just as the credit cards changed the meaning of transactions in a major way, similarly debit cards, these days are used widely for a lot of transactions and internet purchases as well.
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