ATM & Debit Cards: What’s the Difference?
By on February 7, 2011. 

ATM and debit cards might seem like their one in the same, but they’re not. Learn about the differences between the two by watching our latest video.

 
Additional Resources & Notes
It is possible to use an ATM card in some stores; a topic that we didn't have a chance to cover in the video. It's called an ETF/POS transaction and relies on the store accepting a specific interbank network card. Think of it as an early version of the debit card, but accepted in far less places. We'll cover the meaning of ETF/POS and other types of purchase transactions in a future video.
 
Transcript
Transcript is not available.
Bobby is creator and host of 2 Minute Finance. Check out the about page to learn more about Bobby.
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