How Does a Credit Card?

How can I pay with a credit card and how does the billing?
Previously, the credit card was a status symbol. In the present time, the credit card had developed into practical, but reasonably ordinary cash. The operation is similar to a debit - or bank card.

The credit card holder submits his credit card when paying. The dealer needs a special reader, through which he pulls the card. About the reader an online query is the card company. It is requested shortly whether to block the card is present and whether the purchase value or the credit limit of the card is.

If there is no barrier, so the cardholder must either sign the bill, said his signature is compared with his specimen signature on the plastic card and the personal identification number must be entered.

Mostly, there are also so-called imprinting in shops. In these machines, a formerly widespread credit card imprint will be made to Termopapier. This imprint including customer signature and proof of purchase then was not online, but sent by post at the credit card company to ask for payment. Cover due to the lack of blocking query, and the ability to map its clear (to pass the documents received by the card company a few days) was this payment system, but now almost entirely abolished.

The invoices received will be collected for each customer and invoiced on a monthly basis. The customer receives a credit line seen made available because it has to pay its purchases only a few days or weeks later, with the total bill.

The advantages of a credit card do not end when the credit limit. Credit just enjoy abroad a very good acceptance. If you may have problems to pay with the card of the local People's Bank. However, since there are only 4 major credit card companies in the world are these cards to dealers known and accepted. 4C7SEUETRDDQ

0 komentar: