Credit card basics, Other Subject

CREDIT CARD BASICS

A credit card is element of a system of payments named after the little plastic card issued to users of the system. The issuer of the card grants a line of credit to the customer (or the user) from which the user can make use of money for payment to a merchant or as a cash advance to the user. A credit card is unusual from a charge card, which requires the balance to be paid in complete each month. In difference, credit cards let the customers to 'revolve' their balance, at the cost of having attention charged. Most credit cards are issued by local banks or credit unions, and are the similar shape and size, as specific by the ISO 7810 standard.

Posted Date: 10/12/2012 9:26:31 AM | Location : United States







Related Discussions:- Credit card basics, Assignment Help, Ask Question on Credit card basics, Get Answer, Expert's Help, Credit card basics Discussions

Write discussion on Credit card basics
Your posts are moderated
Related Questions
Public Key Cryptography and Digital Certificates This element of the chapter presents background technical information on cryptographic systems. This includes Public Key Crypto

When should an environmental assessment be undertaken? An environmental assessment should be conducted as early as possible in the planning stage of a designated project in ord

Problem: (a) What are the most serious problems faced by children across the world? (b) Explain the problem of bullying in situations or contexts where human beings interact

AUTHENTICATION EFTS transactions may be go together with by methods to validate the card and the card holder. The merchant may manually confirm the card holder's signature, or

What American Indian group made the canoe

(a) "A promissory note is an instrument in writing (not being a blank or a currency note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of mone

One source of confusion for students is the difference between an aim and an objective . The two are different although they are in fact linked. Unfortunately, the two terms are

INTERNET SECURITY HOLES? Emergence of Cyber Crime Sorry to say, not all of you are using the Internet in an optimistic way. The Internet has not only permitted you to com


Write a 3-5 page research paper exploring 3-5 topics regarding global efforts in the information systems industry. The paper needs to clearly identify the global topics, how it''s