credit card
Revision as of 21:15, 4 July 2007 by Woozle (talk | contribs) (New page: ==Overview== A credit card is a type of revolving credit account wherein an individual is issued a piece of plastic (the card) embossed with the account number, the card's expirati...)
Overview
A credit card is a type of revolving credit account wherein an individual is issued a piece of plastic (the card) embossed with the account number, the card's expiration year and month, and the holder's name. Since at least the 1980s, cards also have a magnetic strip on the back on which is recorded all the embossed information and additional data. Since the late 1990s, cards have also included a CVV number printed (not embossed) on the front or back.
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The major credit card providers (in order of most common acceptance to least) are Visa, MasterCard (formerly MasterCharge, formerly BankAmericard), Discover, and American Express.