Credit card

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A 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 Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.


News tagged with credit card

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Privacy concerns could limit benefits from real-time data analysis, researcher says

Technology / Computer Sciences

created Dec 17, 2009 | popularity 5 / 5 (1) | comments 0

Society will be unable to take full advantage of real-time data analysis technologies that might improve health, reduce traffic congestion and give scientists new insights into human behavior until it resolves questions about ...


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Swipe Your Credit Card on a Cell Phone

Technology / Hi Tech

created Dec 07, 2009 | popularity 2 / 5 (2) | comments 0 weblog

(PhysOrg.com) -- With a small card reader that attaches to a cell phone, a new company is making it easier for small businesses and even individuals to accept credit card payments. The San Francisco start-up, ...


Pay babysitter on iPhone, says Twitter

Pay babysitter on iPhone, says Twitter

Electronics / Consumer & Gadgets

created Dec 09, 2009 | popularity 2.7 / 5 (3) | comments 1

Microblogging service Twitter has branched into the market for electronic payments, unveiling a mini credit card swiper that plugs into the iPhone, at a European internet fair on Wednesday.


Security ID cards with built-in holograms

Security ID cards with built-in holograms (w/ Video)

Technology / Hi Tech

created Dec 01, 2009 | popularity 4.7 / 5 (6) | comments 0 weblog

(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 ...


Hacker seeks reduced sentence, citing Asperger's

Technology / Internet

created Dec 17, 2009 | popularity not rated yet | comments 1

(AP) -- A computer hacker who was a force behind one of the largest cases of credit card theft in U.S. history says he has a developmental disorder and is asking for a reduced sentence.


Gadgets: Card reader helps you shop safer online

Electronics / Consumer & Gadgets

created Nov 26, 2009 | popularity 1 / 5 (1) | comments 0

NetSecure Technologies SmartSwipe credit card reader is a new device to help Internet shoppers or small business owners.


Conficker worm hits University of Utah computers

Technology / Software

created Apr 12, 2009 | popularity 3.7 / 5 (3) | comments 5

(AP) -- University of Utah officials say a computer virus has infected more than 700 campus computers, including those at the school's three hospitals.


Campus Party, the world's biggest on-line electronic entertainment festival in Valencia

Cyber-criminals targeting social networks: experts

Technology / Internet

created Jul 30, 2009 | popularity 5 / 5 (5) | comments 0

Facebook, MySpace and other social networking sites are inceasingly being targeted by cyber-criminals drawn to the wealth of personal information supplied by users, experts warn.


UK police make 2 Trojan computer virus arrests

Technology / Internet

created Nov 18, 2009 | popularity 5 / 5 (1) | comments 14

(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

Framed for child porn -- by a PC virus

Technology / Internet

created Nov 08, 2009 | popularity 5 / 5 (6) | comments 3

(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.


Hackers are increasingly hiding viruses in bogus computer security software

Bogus security software growing threat: Microsoft

Technology / Software

created Apr 08, 2009 | popularity 4 / 5 (4) | comments 1

Hackers are increasingly hiding viruses in bogus computer security software to trick people into installing treacherous programs on machines, Microsoft warned on Wednesday.


A few pennies for your thoughts -- and credit card

Technology / Internet

created Apr 14, 2009 | popularity 4.3 / 5 (3) | comments 0

(AP) -- One economy apparently isn't hurting these days - the one run by identity thieves in the dark corners of the Internet.


Russia's hackers pose growing global threat

Technology / Internet

created Dec 30, 2008 | popularity 3.3 / 5 (10) | comments 2

Not long ago, the simple, anonymous thrill of exposing chinks in American software was enough of a payoff for a Russian hacker.


Comcast tries pop-up alerts to warn of infections

Technology / Internet

created Oct 10, 2009 | popularity 3 / 5 (1) | comments 1

(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 (AP)

Ticketmaster finds another way to cut out scalpers

Technology / Hi Tech

created Sep 17, 2009 | popularity 2.5 / 5 (2) | comments 0

(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 ...