The Alliance Debit MasterCard is a payment card that provides a convenient and secure alternative to cash and cheques. It is a signature based card that combines all the uses of a standard ATM card, like access to cash and banking transactions, with the added convenience of shopping at millions of MasterCard merchant locations locally and worldwide. It has all the functionality of an ATM card and it allows point of sale transactions that will deduct purchase amount directly from your Alliance Hybrid account.