Debit card users need to watch that they don't overdraw (overspend) on their account as there could be steep penalties.
Not exact matches
«Visa cardholders don't
need to know how a
debit card network works, and Google
users don't
need to know how TCP / IP works.
Credit and
debit card information is stored on a chip in
user's mobile phone and zapped to the POS device without
need for plastic or pin numbers.
New
users will
need a credit
card or
debit card as well as a currently open checking account.
Users can spend cryptocurrency funds through the TenX
debit card without the
need for several different wallets or
cards.
While there are other solutions (TenX and Monaco) for
users looking to spend their digital currency via
debit cards, a native solution provided by Bitcoin Cash may be what is
needed to further crypto adoption and actual spending, which is considered healthy for the market.