Banks and other institutions have issued debt and credit cards, the purpose of both are

• A.  the same, to make paperless payments
• B.  different, since in credit card, the account is credited with the amount while in debit card the account is debited
• C.  the same, there is risk weight-age of 125% in both the cards.
• D.  different, since in debit cards interest for delayed period is charged while in credit cards no such interest is charged by banks
• E.  None of these