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Rolf42
1 year ago

The Girocard is a card that is issued by most German banks and savings banks in connection with a current account and with which you can withdraw money to vending machines in Germany and pay in many shops when shopping at the cash register. She’s one of the debit cards.

For use abroad, it is often equipped with additional functions such as Maestro (exit soon), V PAY or now increasingly also Debit Mastercard or Debit Visa.

The Girocard was introduced by the Deutsche Kreditwirtschaft 2007 as the successor of the EC card.

HarryXXX
1 year ago

The card is called because it is connected to a current account. For example, you can pay cashlessly and also withdraw money from the machine. However, many people are more familiar with the name EC card.

germanils
1 year ago
Reply to  HarryXXX

… although there are no longer those since 2007.

HarryXXX
1 year ago
Reply to  germanils

… the term has been persistent.

germanils
1 year ago

… similar to the “GEZ” 😉

Nelson100
1 year ago

A card with which you can withdraw money from vending machines, in some shops you can pay cashlessly and with your credit institution you can get bank statements.

verreisterNutzer
1 year ago
Reply to  Nelson100

and what is the difference between a debit card?

Dorfkind63
1 year ago

Current cards and debit cards are two names for the identical product. In both cases, the sum paid with it is immediately debited from the bank account. In contrast to this, the credit card is the one where the billing takes place only 1x per month.

germanils
1 year ago

A Girocard is a debit card

HarryXXX
1 year ago

But not just that.

germanils
1 year ago

Each Girocard is a debit card, but not every debit card is a Girocard.

HarryXXX
1 year ago

However, from now on until 2027 there are different explanations of this.

germanils
1 year ago

Here is well explained in detail:

https://de.wikipedia.org/wiki/Girocard

Curasanus
1 year ago

Previously “EC card” or “check card”.