A Primer on Check and ATM Cards The following information has been gathered in order to assist you as you introduce your students to the latest trends in the wide range of financial service products, namely debit cards. what is a debit card? A debit card is a banking card enhanced with automated teller machine (ATM) and point-of-sale (POS) features so that it can be used at merchant locations. A debit card is linked to an individual's checking account, allowing funds to be withdrawn at the ATM and point-of-sale without writing a check. Each financial institution creates an identity for its debit card to customize the product and differentiate it in the market. Debit cards can also be called deposit access cards. what is an example of a debit card? One type of debit card is a financial institution's ATM card with point-of-sale features that incorporates a specific
