Credit Card Companies

Credit Card Companies

Credit Card

A credit card is a system of payment named after the small plastic card issued to users of the system. A credit card is different to a debit card in that it does not remove money from the user's account after every transaction.

In the case of credit cards, the issuer lends money to the consumer (or the user) to be paid to the merchant. It is also different from a charge card (though this name is sometimes used by the public to describe credit cards), which requires the balance to be paid in full each month. In contrast, a credit card allows the consumer to 'revolve' their balance, at the cost of having interest charged.

European Credit Cards are different to Canadian or US Credit Cards. They have to pay off every Month the whole Credit Card amount.

Canadian Credit Card Companies can place theire Advertisings here, just contact us.

Author: Fredrick Buetefuer