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Credit Card Services

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Card Services   Credit Card: - I’ am sure you might have heard this phrase n number of times but did you ever know how this plastic works Credit card can be termed as an unsecured revolving credit. There are several types of cards: ATM Cards Debit Cards Smart Cards Bank Credit Cards Virtual Cards Charge Cards Etc...   A Bit of History A credit card is a thin plastic card, usually 3-1/8 inches by 2-1/8 inches in size, that contains identification information such as a signature or picture, and authorizes the person named on it to charge purchases or services to his account -- charges for which he will be billed periodically. Today, the information on the card is read by automated teller machines (ATMs), POS(Point of sale) machines, Internet computers. Timeline The use of credit cards originated in the United States during the 1920s, when individual companies, such as hotel chains and oil companies, began issuing them to customers for purchases made at those businesses. ...