Question

In some ways, a debit card is more vulnerable to theft than cash or a checkbook. Explain how this is so. << Read Less

Answer 1

A debit card is more vulnerable because its contained value are sometimes high.

A debit card is a card issue to a bank account owner to enable easy access to money.

• This card works by deducting money directly from the owners checking account with a bank.

• A debit card can also be termed a money because its contains value and can be used pay for transaction at any point of sales.

• The debit card are more vulnerable because the value therein may be large, so, fraudsters target stealing the card rather than stealing cash or checkbook.

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