The prevalence of debit card usage has continued on its trajectory of growth, reflected by the increasing spread of ownership in the United States . In recent years the use of debit cards has become so widespread that their volume has all but overtaken cheques and, to some extent, the use of physical cash as a payment method. The results of a survey carried out in April 2016 in the U.S. showed that Americans used debit cards mainly to pay for groceries and automatically recurring purchases.
Unlike credit credit cards, payments made using a debit card are transferred directly from the cardholder’s bank account, incurring no charges for payment at a later date. Many debit cards belong to the Visa or MasterCard brand but there are many other that exist only within particularly countries or regions.