Which of the following is a 20th-century banking development that allows an individual to transfer funds from a checkable deposit directly to a vendor for payment?(1 point)

Question

Responses

debit card
debit card

demand deposit
demand deposit

credit card
credit card

savings deposit

Answer 1

The correct response is debit card. A debit card allows an individual to transfer funds from a checkable deposit directly to a vendor for payment.