Credit card
A credit card is a card which allows people to buy items without cash. Each card has a unique number. Using this number, plus other details on the card (such as the validity date, or a code), the client can buy goods or services. The issuer of the card automatically transfers the money to the seller. The person using the card gets a credit. The customer has a certain amount of time to pay the credit card bill. If the bill is left unpaid for some time, the customer will have to pay interest for the amount that is left unpaid. Payment using a credit card is one of the most common methods of electronic payment. A debit card similarly allows paying without cash, but it pays with money in the user's bank account.
Credit cards are usually small plastic cards with a unique number attached to an account. Most are magnetic stripe cards and many have an EMV chip for use by card readers.
Paying with a credit card means you borrow the money and must pay it back in a specified time. Users who fail to pay in time may have to pay much more.
Credit Card Media
A card belongs to an account.
An example of the front in a typical credit card:*Template:Ordered list*
An example of the reverse side of a typical credit card:*Template:Ordered list*
Metal signs at a plant nursery in Los Angeles County, California marketing Mastercharge and Bankamericard
Receipt from 1997 – card physically swiped and information imprinted on the receipt
Visa, MasterCard, and American Express are card-issuing entities that set transaction terms for merchants, card-issuing banks, and acquiring banks.
An example of street markets accepting credit cards. Most simply display the acceptance marks (stylized logos, shown in the upper-left corner of the sign) of all the cards they accept.
Acceptance mark at an automated teller machine
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