If anybody will take the trouble to look over Uncle Sam's private accounts for that little debit to profit and loss, he will find that I am right to a cent.
Parents can add money to children's accounts, set limits and monitor transactions, while children can choose to save their money or spend it using a prepaid card that works like a debit card.
But reading the front section as if it were the sports pages, with every line a credit or debit, a win, or a loss, has hazards.
It is reported that hackers stole information from millions of customers who used debit or credit cards at Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores.
Like most shopkeepers in this area, Emma Peonia usually sells clothes to tattooed youngsters paying with debit cards or cash but, for the first time, she is using a Chinese payments app to sell an Iron Maiden T-shirt.
Additionally, ICICI Bank will also set up point-of-sale (POS) machines at fertilizer and seed outlets to help farmers pay using a debit card.
" The girl, said to be from Shanghai, paid the man between 1,900 and 9,500 yuan every day over a two-month period through online payments using her mother's mobile phone and debit card.
Credit card penetration in China is small compared to that of developed markets, while online payments with debit cards are cumbersome — usually requiring authentication through a combination of SMS messages, USB dongles and random code generators.
You should only carry a debit card and one backup credit card for emergencies.
When you spend using your debit card or pull cash out, write it down and subtract it from the account you took it from.
Users can get up to 2,000 rupees ($30) in cash by swiping their debit cards through a machine carried by the company's couriers and paying a one rupee commission.
While the use of debit and credit cards has increased in the last decade in India, many retailers still either insist on taking cash to evade tax or else ask for mark-ups to cushion the blow.
The security code on the back of most credit and debit cards is required to make payments online.
ALIPAY will start to charge users a fee when they make transfers from their account balance to their debit cards, following a similar move by rival Tencent's WeChat Pay earlier this year.
Samsung said its service currently supports selected credit and debit cards from nine Chinese banks and is available on its top-end Galaxy smartphones, with midrange models to follow.
In announcing its official launch, which has been expected since late last year, Samsung said that Samsung Pay currently supports select credit and debit cards of nine major banks in China including China CITIC Bank, China Construction Bank and China Everbright Bank.
4 billion credit and debit transactions in 2013, compared with 213 million 15 years earlier.
The moves comes in response to US credit scoring firm FICO announcing that in May this year the number of attacks on debit cards used at ATMs had reached its highest level in 20 years.
" 'This means your real credit or debit card number isn't sent with your payment.
The proposal is unlikely to meet much opposition in Denmark, where it is common to use debit or credit cards for the smallest of payments, such as a pack of chewing gum at a convenience store.