Difference between revisions of "credit card"
Jump to navigation
Jump to search
(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: merchant card processing) |
||
| Line 3: | Line 3: | ||
The major credit card providers (in order of most common acceptance to least) are Visa, MasterCard (formerly MasterCharge, formerly BankAmericard), Discover, and American Express. | The major credit card providers (in order of most common acceptance to least) are Visa, MasterCard (formerly MasterCharge, formerly BankAmericard), Discover, and American Express. | ||
| + | |||
| + | In order to be able to accept credit cards as payment, a business must have a [[merchant card processing]] account. | ||
| + | |||
==Links== | ==Links== | ||
===News=== | ===News=== | ||
* '''2007-06-21''' [http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9025464 Stolen credit cards traded through online stores] | * '''2007-06-21''' [http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9025464 Stolen credit cards traded through online stores] | ||
Revision as of 21:17, 4 July 2007
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.
|
This page is a seed article. You can help HTYP water it: make a request to expand a given page and/or donate to help give us more writing-hours!
|
The major credit card providers (in order of most common acceptance to least) are Visa, MasterCard (formerly MasterCharge, formerly BankAmericard), Discover, and American Express.
In order to be able to accept credit cards as payment, a business must have a merchant card processing account.