Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

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:

https://brainly.com/question/36491642


Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.