What does cash card mean?
Definitions for cash card
cash card
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cash card.
Princeton's WordNet
cash card, cashcardnoun
a credit card that entitles the holder to receive cash
Wikipedia
cash card
Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer and access automated teller machines (ATMs). Such cards are known by a variety of names including bank cards, ATM cards, client cards, key cards or cash cards. There are a number of types of payment cards, the most common being credit cards, debit cards, charge cards, and prepaid cards. Most commonly, a payment card is electronically linked to an account or accounts belonging to the cardholder. These accounts may be deposit accounts or loan or credit accounts, and the card is a means of authenticating the cardholder. However, stored-value cards store money on the card itself and are not necessarily linked to an account at a financial institution. It can also be a smart card that contains a unique card number and some security information such as an expiration date or with a magnetic strip on the back enabling various machines to read and access information. Depending on the issuing bank and the preferences of the client, this may allow the card to be used as an ATM card, enabling transactions at automatic teller machines; or as a debit card, linked to the client's bank account and able to be used for making purchases at the point of sale; or as a credit card attached to a revolving credit line supplied by the bank. In 2017, there were 20.48 billion payments cards (mainly prepaid cards) in the world.
ChatGPT
cash card
A cash card is a type of electronic payment card that stores cash for various types of transactions. This card can either be a prepaid card where a user preloads money onto the card or it can be linked directly to a personal bank account, functioning similar to a debit card. The cash card may be used for transactions such as withdrawing cash from an ATM, making purchases at point-of-sale terminals, or online shopping.
Editors Contribution
cash card
A type of card with the customer account name, account number, sort code, card number that enables a range of financial transactions.
Many people that have a post office, bank or building society account can choose to have a cash card with their account.
Submitted by MaryC on January 16, 2017
Matched Categories
Numerology
Chaldean Numerology
The numerical value of cash card in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of cash card in Pythagorean Numerology is: 3
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"cash card." Definitions.net. STANDS4 LLC, 2024. Web. 15 Sep. 2024. <https://www.definitions.net/definition/cash+card>.
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