PG STUDENT’S ATTITUDE TOWARDS DEBIT CARDS (WITH SPECIAL REFERENCE TO CANARA BANK, HASSAN)

Debit cards are substitutes for cash or cheque payments. They are popular today in these of e-banking activities. They ensure 24*7 banking plus core-banking facilities. So, they are very common today. However, banks only issue them to customers if they hold an account with them. When a debit card is used to make a payment, the total amount charged is instantly reduced from the customer’s bank balance. A debit card’s concept is whenever a customer swipe it for withdrawing money due to ATM withdrawal or purchase of goods & services, as per personal account rule, the amount will be debited. The personal account rule is, debit the receiver and credit the giver. The bank customer may credit or deposit his money monthly or periodically but he uses the card very frequently like daily or weekly for withdrawal purpose. In the era of digital payments, debit cards play a vital role for admission and examination fees payment. So, present study is undertaken to do detail survey of PG students about their attitude towards debit cards.

               

KEYWORDS: Debit Card, 24*7, Personal Account, PG Students.


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