Answered

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1. Match the payment methods with their respective advantages or disadvantages.

- Debit Card
- Needs to be electronically linked to a bank account.
- Limits spending to the balance on the card.

- Credit Card
- Has a delay between the time of purchase and withdrawal of funds.
- Needs account information to be linked to credit history.

- Cash
- Must have access to the internet to make payment.
- Makes it difficult to track and budget for transactions.

Sagot :

GinnyAnswer

Final answer:

Debit cards transfer funds from a checking account, credit cards involve borrowing money, both are not money themselves.


Explanation:

Debit cards allow individuals to transfer funds directly from a checking account to a merchant, while credit cards involve borrowing money from the card issuer. Debit cards are not money themselves but provide access to funds in a bank account.


Learn more about Payment Methods here:

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