Credit card
From Economypedia.com
Credit cards or 'plastic' are payment mechanisms used to pay for goods or services. Most credit cards are plastic cards with magnetic strips that can be 'swiped' to register account details. A receipt is then printed off that the customer signs. Credit cards are a convenient replacement for cash and cheque payments.
There are also virtual credit cards that do not have a physical card. Instead they are an account number with an associated pin number that can be used for payments online and by phone, but not physically.
Credit cards are issued by a bank to its customers. The actual transactions are facilitated by credit card companies such as Visa, Mastercard, American Express or Diners.
When a customer makes a purchase, the merchants payments system will go back to its own bank (the acquiring bank). It will root a request through the credit card network to the issuing bank, which will check that the credit card account is valid. If so, it will then complete the transaction.
There are a wide range of different credit card types and ranges from major banks worldwide, such as the HSBC credit card and the Citibank credit card. There are also many co-branded cards available with retailers and service providers such as the AT&T Credit Card.
US Credit Cards
- US Credit Cards
- Washington Mutual (WaMu) Credit Card
- Chase Credit Card
- Wachovia Credit Card
- Gap Credit Card
- Sears Credit Card
- Geico Credit Card
- Walmart Credit Card
- Exxon Mobil Card
- LLBean Credit Card
- Elan Credit Card
- Providian Credit Card
International Credit Cards
- UK Credit Cards
- Australia Credit Cards
- India Credit Cards
- Canada Credit Cards
- South Africa Credit Cards
- Singapore Credit Cards
- Malaysia Credit Cards
- Pakistan Credit Cards
