Answer
False
Work Step by Step
It is in the case of a debit card only that whenever a user makes a payment through his/her card, the payment gets deducted from his/her account electronically. It is just because in case of debit cards, the debit cards of the users are somewhat connected with their bank accounts.
If the sufficient amount of money is not available in the user’s bank account to make a particular payment, he cannot process the amount of payment. Debit cards are meant to offer convenience to its users in terms of making payments through it and the ability to run up the debt associated with credit cards at the same time.
Hence, the given statement is False.
