11 Sep
2009
11 Sep
'09
11:11 a.m.
On Fri, Sep 11, 2009 at 10:52 AM, Philip Musyoki wrote:
There is no much difference between Visa as used in Credit Carda and Visa Electron as used in Debit Cards. The only difference, if I can put it in Telco speak, one is post-paid and the other one is pre-paid.
of course 'debit card' is instant debit (and in most cases there is no transaction insurance) - 'credit card' you pay later - and in some cases you get transaction insurance (i.e. you can recover back a fraudulent transaction).