Credit card
hideA credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services. The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.
A credit card is different from a charge card, where a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers to 'revolve' their balance, at the cost of having interest charged. Most credit cards are issued by local banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1.
For more information about Credit card, read the full article at
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News tagged with credit card
Security ID cards with built-in holograms (w/ Video)
Dec 01, 2009 |
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(PhysOrg.com) -- Plastic cards with security features are ubiquitous these days, having a wide variety of uses such as credit cards, employee cards, licenses, and so on. Many have holographic images, but they ...
Gadgets: Card reader helps you shop safer online
Electronics / Consumer & Gadgets
Nov 26, 2009 |
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NetSecure Technologies SmartSwipe credit card reader is a new device to help Internet shoppers or small business owners.
Just in the time for holiday shoppers: Personal finance professor offers advice on breaking credit addiction
Nov 19, 2009 |
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(PhysOrg.com) -- An October survey of 3,800 consumers by the National Foundation for Credit Counseling found that more than two thirds (68 percent) planned to pay in cash for their holiday purchases this year, ...
UK police make 2 Trojan computer virus arrests
Nov 18, 2009 |
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(AP) -- A couple suspected of helping spread some of the Internet's most aggressive computer viruses has been arrested in the English city of Manchester, police said Wednesday.
Framed for child porn -- by a PC virus
Nov 08, 2009 |
5 / 5 (6) |
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(AP) -- Of all the sinister things that Internet viruses do, this might be the worst: They can make you an unsuspecting collector of child pornography.
Amazon hopes to simplify Web shopping -- with words
Oct 29, 2009 |
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(AP) -- You're probably used to typing your name, address and credit card number when you buy things online. Amazon.com is guessing you don't enjoy it, though, and wants to simplify the process by letting you purchase items ...
Comcast tries pop-up alerts to warn of infections
Oct 10, 2009 |
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(AP) -- Comcast Corp. wants to enlist its customers in a fight against a huge problem for Internet providers - the armies of infected personal computers, known as "botnets," that suck up bandwidth by sending spam and facilitating ...
Ticketmaster finds another way to cut out scalpers
Sep 17, 2009 |
2.5 / 5 (2) |
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(AP) -- Ticketmaster Entertainment Inc. has developed a new way to resell tickets that shuts out the brokers and scalpers it has long scorned, and instead keeps the profits for itself, musicians and venue ...
Cyber criminals targeting small businesses
Sep 14, 2009 |
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(AP) -- Cyber criminals are increasingly targeting small and medium-sized businesses that don't have the resources to keep updating their computer security, according to federal authorities.
Hacker pleads guilty to huge theft of card numbers
Sep 11, 2009 |
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(AP) -- A computer hacker could spend more than 15 years in prison now that he has pleaded guilty to some of the largest thefts of credit card numbers.
Alleged hacker in massive credit card scam honed skills at early age
Aug 20, 2009 |
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Years before his arrest in the nation's largest credit card heist, Albert Gonzalez launched a bold plan from a computer in his high school library: hack into the government network of India.
Accused credit card hacker lived large in Miami
Aug 20, 2009 |
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(AP) -- Nestled near a row of sultry, silvery-green palm trees and a 205-foot-long infinity pool, room 1508 at the National Hotel on South Beach is a portrait of Art Deco luxury. It is also where, on May 7, 2008, federal ...
Radisson computers accessed without permission
Aug 19, 2009 |
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(AP) -- Radisson Hotels & Resorts said Wednesday its computer systems have been accessed without authorization, affecting an unknown number of people.
Indictment of card hacker unlikely to end thefts
Aug 18, 2009 |
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(AP) -- This week's indictment of a hacker believed responsible for the biggest retail-store data breaches in U.S. history doesn't necessarily make shoppers safer from having their credit card numbers plundered.
BioVault locks up biometrics: Using biometrics for encryption, digital signatures
Technology / Computer Sciences
Jul 31, 2009 |
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A system that allows biometric data to be used to create a secret key for data encryption has been developed by researchers in South Africa. They describe details of the new technology in the International Journal of Electronic Se ...
