🚀 go-pugleaf

In article <KJONGSMA.84.779379388@P06.dasd.honeywell.com>, KJONGSMA@P06.dasd.honeywell.com writes:
> In article <1994Sep9.125419@sdg.dra.com> sean@sdg.dra.com (Sean Donelan) writes:
>>Yes, they used to be called "Debit Cards" but the banks(VISA?) did a
>>big study and found out people didn't like Debit Cards.  So the marketeers
>>came up with the name "Check Card."
>>
>>Same thing, new name.
> 
> Except that in the UK and possibly other countries, they have been using
> "cheque guaranty cards" for years now, where the card is presented along
> with a written cheque as a proof that the bank will stand behind the
> value of the cheque.

"Cheque guaranty cards" are complete different creatures from "Check Cards."
When you present a check card to a store for payment, the store runs the
card through the cash register, and immediately transfers the amount from
your bank account to the store's bank account.  It is very similar to getting
money from a cash machine, but instead you get merchandise from a store and
the money is gone from your bank account.

Of course I wouldn't be surprise that there will be be people who try to
use "cheque guaranty cards" as "check cards" and vice versa.  They aren't
interchangable.  But, as usually is the case, US marketeers don't take
the rest of the world in to consideration when coming up with cute names.
-- 
Sean Donelan, Data Research Associates, Inc, St. Louis, MO
Domain: sean@dra.com, Voice: (Work) +1 314-432-1100