How Do Credit Cards Work?

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A Credit Card is a wonderful convenience that lets you pay for your purchases online or offline without cash.

How does a Credit Card work?


Let’s begin by examining a Credit Card carefully. A Credit Card comes with the following:

A number that uniquely identifies it

An expiry date

The name of the holder

The logo of Visa or Mastercard – the two companies that provide the infrastructure and systems that process Credit Card transactions.

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