What is Online Money Transfer from Debit Card?
Online money transfer from debit card is a type of wire transfer performed through debit cards. These types of wire transfers do not require the account details of the sender. It only requires the details of your debit card such as debit card number, name on the card, card expiry date, and CVV number. Online money transfer from debit card is an easy and safe way of making payments and sending money.
Debit card money transfer can be used for sending money to e-wallets and mobile wallets such as Paytm, Amazon Pay, Mobikwik, etc. These wallets can be used for paying expenses related to shopping, utility bills or for depositing money into someone’s personal wallet account. In addition to that, you can also use your debit card for direct online money transfers to different bank accounts. This includes merchant payments, utility bill payments, credit card bill, mobile recharge, etc.