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I’m pretty sure everyone knows what a debit card is. It’s in contrast with a credit card – which is postpaid, and debit card is pay-in-real-time. It’s not prepaid because debit cards work by transferring money to the recipient instantly from your bank account that is linked to the debit card that you used to pay.
Google Wallet however, is a plan by Google to do mobile payments through NFC. I wonder if the card has NFC capabilities though.
Via : Mashable
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