The cost of an item purchased is electronically withdrawn from the purchaser's bank account using a

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A debit card is linked directly to the purchaser's bank account and allows for electronic withdrawals of funds. Credit cards may allow for electronic payments, but they do not withdraw funds from the purchaser's bank account immediately. Deposit receipts and fiat currency are not typically involved in electronic transactions.

The Cost of an Item Purchased Is Electronically Withdrawn from the Purchaser's