K&H gives extras for using a bank card
Cash-saving payment solutions mean savings for everyone. Digital payment is not only convenient and fast, but also saves money. K&H will refund part of the money spent in a new way from November when using debit and credit cards issued by itself.
The production and distribution of banknotes is a very expensive activity for both the central bank and commercial banks, which of course is ultimately paid for by taxpayers and partly by bank customers. Using a bank card is also safer, because if a wallet is stolen, the money found in it can be easily and completely spent by pickpockets – while the bank card is protected by the PIN code. If a bank card is found by thieves, they may be tempted to try all possible variations – although this is unlikely, as the bank will disable the card anyway after a few unsuccessful attempts.
In addition to security, speed and convenience, the possibility of even saving money using the bank card is now expanding. K&H named its refund service, which is provided when using all of the bank’s self-issued debit or credit cards, as “cash back”. This also means that there are no refunds for purchases made with bank cards registered with other financial service providers (such as PayPal or Simple Pay).
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