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Credit Debit

oboloo Glossary

Credit Debit

Credit Debit is a financial transaction in which one party transfers money to another. This can be done electronically or through physical checks. It is an important part of money transfer systems, as it ensures that money is moving from one place to another securely and efficiently. Credit Debit allows for faster and more effective transactions than more traditional methods. It also helps to reduce the risk of fraud and identity theft, as the sender must authorize each transaction. As such, it provides both protection and convenience for those looking to move their funds quickly and easily.

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