Do debit cards have all of the same qualities as money?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0AYes, they share the same characteristics.%0D%0A%0D%0AYes, they share the same characteristics.%0D%0A%0D%0ANo, debit cards are much more awkward than cash.%0D%0A%0D%0ANo, debit cards are much more awkward than cash.%0D%0A%0D%0ANo, debit cards are not recognized by many merchants.%0D%0A%0D%0ANo, debit cards are not recognized by many merchants.%0D%0A%0D%0AYes, for businesses there is no difference between the two.
No, debit cards do not have all of the same qualities as money. While they can be used as a form of payment, they are not physical currency and are subject to limitations such as withdrawal limits, transaction fees, and the requirement of a bank account. Additionally, not all merchants may accept debit cards as a form of payment.
