![]() While a debit card is a card of convenience – one that allows you to complete your transactions with ease, swiftly and satisfactorily – there are those with hidden charges that will make you feel like you have been dealt the wrong card. National payments network PayNet’s Digital Payments Insights Study 2022 for the fourth quarter of 2021 reported that 82% of people preferred to use debit cards for out-of-home consumption such as dining out, groceries spent in-store and retail, as compared to the 76% of ewallet preference. This was further spurred by the Covid-19 pandemic, whereupon changes in payment behaviour among consumers have been recorded and surveyed. This includes the way we manage our finances.ĭebit cards have emerged as an essential tool in this transformation, offering people a seamless and secure way to navigate various aspects of life. IN an age of rapid technological advancement, our lifestyles are constantly evolving. ![]()
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