History and definitions Credit Cards
A credit card is a card payment for goods and services. It can be used worldwide, both in real activity and private life as well as in money transactions online. It is in the case of Mastercard or Visa by banks in cooperation with international credit cards, past, or – in the case of Diners Club and American Express – directly from the card company. These four companies represent the entire European market credit card. The names of credit cards is because the credit card is often a loan.
Mention the term credit card the first time in 1887 in the science-fiction novel, Looking Backward by Edward Bellamy. According to legend, the credit card in the modern sense in 1950 by the American Frank McNamara invented the lunch if he had forgotten his wallet, he noticed. Safe should have left his business card. Inspired by this incident, he was based on the credit card company Diners Club. While McNamara actually the founder of the company credit card is initially the founding legend, but was invented by his press spokesman Matty Simmons. The concept of credit cards in the German-speaking countries, the two credit cards and real credit cards, payment cards a day, credit cards or debit cards and called prepaid cards (with the respective terms and conditions, see below). In general, only debit cards and prepaid credit cards as a sign of acceptance of the organization of credit cards, and nowhere else accepted, where the actual credit cards and credit cards can be paid. However, the term in other parts of the world are used in different ways, they are described in English-speaking countries such as traditional credit cards as a credit card. Other cards such as debit cards or charge, regardless of whether they show signs of the acceptance of credit card organization in general as an independent form of payment card.
credit card or a true classic gets the owner a monthly summary of all purchases of goods and services (VAT invoices within the meaning of the law of the card holder only by the respective vendor / supplier service). This can be paid immediately or be paid off in installments. The last possibility, the revolving credit line is called, is so far mainly by the banks in the Hall of Anglo-American dominated, but currently receives, especially in the growing popularity in Germany.
If a charge card, the holder receives a monthly invoice immediately or within a period of 30 days is due. The customer receives the payment for the period between a product and the maturity of the account interest-free loans with very short maturities. With a debit card for payment of an immediate burden on the card (usually on the current account of the cardholder). In Germany, the most common of the Maestro debit card (MasterCard) is issued. Another example is the German-speaking countries are less common VISA Electron card (visa). These cards can run out of relief (see Technical / plan) is not exceeded, the characters have their own acceptance and hence its own network of acceptance points. For this reason, they are usually not considered in the credit card. There are also MasterCard and Visa debit cards (especially in the United States), the credit be considered, because they have credit cards Aktzeptanzzeichen these organizations. In some countries like Germany, these cards are really different cards or credit cards from other countries like the United States and Great Britain, these cards are usually marked by the additional flow unlike printed. In both cases they are almost always a high character, and therefore towable.
credit card per day is a combination of a lot and a debit card. Can be billed to a card account in the balance technique. It also allows for a monthly credit limit information. While the Bank, the revenue account to charge your credit card immediately. If assets used up credit can be used indoors. After the monthly payroll, all at once by the reference of the account holder (usually a checking account) by direct debit. So, no interest will be as assumed in the game of cards revolving line of credit.
prepaid credit card payment will be paid an amount on the card, so that these cards do not pay recognition. You are always counted on the cards because it is usually accepted everywhere, even if other types of credit cards are paid. Among the few exceptions, such as rental car companies, prepaid credit cards are not accepted. German world, these cards usually not equipped to provide high-lettering. In some other countries of Western Europe, but there are credit cards with prepaid embossing. The relief maps in this technically possible over-pull the card account is in addition to the immediate loss of the card sanctions in general, relatively high forward.
It is important to note that the concept of an international credit card is not used consistently. It is common for example in English speaking countries, only real credit cards and (partial) credit cards as a prepaid credit card for calling the latter only by their name on the credit card and it is expected that controversial view in any way. Other cards such as debit cards or credit cards are considered on the other hand, usually as separate types of payments, regardless of whether they have a credit card Aktzeptanzzeichen. Credit card type commonly used in Germany for a visa – card or Mastercard – Amex. The business credit card is like the company to debit the card issuing and acquiring Akzeptantenabrechnung issue. Mention the term credit card the first time in 1887 in the science fiction “/ a> review Edward Bellamy.
After the legend, the credit card in the modern sense in 1950 by the American Frank McNamara noon invented when he realized he had forgotten his wallet. safe, it should have left his business card. Inspired by this incident, he went on the company credit card Diners Club . While McNamara is actually the founder of the company credit card first, the founding legend, but from his press spokesman Matty Simmons invented a rel = “nofollow” class = “exlnk” target = “_blank” >.
the concept of credit cards in the German-speaking countries, the two credit cards and real credit cards, payment cards daily or debit cards and prepaid cards called (with the appropriate terms listed below). In general, only debit cards and prepaid credit cards that are a sign of acceptance of the organization of credit cards, and nowhere else accepted, where the actual credit cards and payment cards can be paid. However, the term in other parts of the world are used in different ways, they are Anglo-Saxon countries as conventional credit card like a credit card described. Other cards such as debit cards or charge, regardless of whether they show signs of the acceptance of credit card organization in general as an independent form of payment card.
For a real or standard credit card owner of a monthly statement of all purchases of goods and services (VAT invoices in the legal sense of the card holder only by the respective vendor / service provider). This can be immediately or paid in installments be paid off. The last possibility “crédit Service International (visa published). These cards can run out of relief (see Technical / Map) is not exceeded, the characters have their acceptance and thus its own network of acceptance points. For this reason, they are usually not considered in the credit card. There are also MasterCard and Visa debit cards (especially in the U.S.), considers the credit cards because they have credit cards Aktzeptanzzeichen these organizations. In some countries like Germany, these cards are really different cards or credit cards from other countries, such as the United States and Great Britain, these cards are printed against a rule marked by the additional flow. In both cases they are almost always a high character, and therefore towable. a payment card per day is a combination of a lot and a debit card. Payment can be made on a card account in the balance technique. In addition, permitted a monthly credit limit information. While the Bank, the revenue account to charge your credit card immediately. If assets are used by credit depleted even indoors. After the monthly payroll, all at once by the reference of the account holder (usually a current account) debit. Be, no interest, as in the Revolving Credit cards accepted in the ranks.With a credit card payment must be made by prepaid amount on the card paid for, so that these cards do not pay recognition. You are always counted on the cards because it is generally accepted everywhere, even if other types of credit cards are paid. Among the few exceptions, as a company car, prepaid credit cards are not accepted. In German-speaking countries, these cards usually not equipped to provide high-lettering. In some other countries of Western Europe, but there are also credit cards with prepaid cards marked embossing.The technically possible in this over-pull the card account will be followed in addition to the immediate loss of the card typically relatively high penalties. “/ P> It is important to note that the concept of an international credit card is not used consistently. For example, it is common in English speaking countries, only real credit cards (partial) credit cards as a prepaid credit card, calling it only because of their name on credit cards and it is expected that view disputed in any way. Other cards such as debit cards or credit cards are considered on the other hand, usually as separate types of payments, regardless of whether they have a credit card Aktzeptanzzeichen.
Related posts:
