[GNC] 2 Questions About Debit Cards

[Adrien Monteleone]

Yes, just a ’stored value card’, an asset.

You already paid for it, so it is not a liability.

Regards,
Adrien

> On Aug 28, 2019 w35d240, at 9:21 AM, David Carlson <david.carlson.417 at gmail.com> wrote:
> 
> Just to make this thread more interesting, here in the United States it is
> possible to purchase rechargeable 'gift cards' that can be used like credit
> cards to pay for things, and recharged at a bank or currency exchange to be
> used again.  I think these are used by people who do not want to have a
> bank account, but need a way to pay with 'plastic'.  As in some other
> countries, there are now retail businesses appearing that do not accept
> cash.
> 
> I would liken such a card to be an asset,
> 
> David Carlson
>