• The retailers have to pay much less for accepting online debit card transaction. The reason is they are required to pay much less. Saving small amounts over a period of time amounts to a bigger amount being saved.
• A standard fee has to be paid by the retailers as long as the purchasers are entering their PIN.
• The processing time for bill making etc., can be avoided. Writing bills over the counters is more time consuming. The online debit card saves this time.
• It is more convenient for the customer as well, as they do not have to carry cash with them and can limit their purchase within their budget.