What does Debit Card Payment mean? | EBANX (2024)

In Brazil, debit cards have always been one of the most popular ways to pay for shopping at brick-and-mortar stores. Now, this behavior is migrating - very massively and quickly - to online shopping, especially due to the security and innovations on this kind of transaction (new 3DS 2.0 protocol and also the dynamic CVV in some cases, with a short lifespan, ensuring more security and less fraudulent chargebacks).

People can use debit cards in some different cases since the card is directly linked to a personal account. It's possible to withdraw money from the account through ATM and then use this money however the consumer wants.

Also, people use their debit cards to pay for their daily expenses, physical purchases, and also for their online purchases. That is very common in Brazil, sometimes consumers don't want to pay for their expenses in the next month, they want to pay in the moment of the purchase with the money they know they have. Therefore, is very important to also have this payment option on your e-commerce.

What does Debit Card Payment mean? | EBANX (2024)
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