An institution that issues debit cards to cardholders and is responsible for the cardholder's account and authorizing transactions is the _________.
A) cardholder
B) auditor
C) issuer
D) processor

Question

Quizplus · Accepted Answer

The institution that issues debit cards to cardholders and is responsible for the cardholder's account and authorizing transactions is called the issuer. The other options, such as the cardholder (A), auditor (B), and processor (D), are not responsible for issuing debit cards or authorizing transactions.

An Institution That Issues Debit Cards to Cardholders and Is