PPT-The history of Credit and Credit Cards 

Christine Turek What is Credit The ability of a customer to obtain goods or services before payment based on the trust that payment will be made in the future Money A medium of exchange for goods or services within an economy. Credit cards and charge cards, what is the difference?. A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. . – a solution for the financially excluded?. The . National Prepaid Cards . Network. Colin . Whitehouse. Independent Govt. Advisor. Chair – National Prepaid Cards . Network. c. olin.whitehouse@sulion.co.uk. security and fraud protection. Here are some quick FAQs on the advanced CHIP and PIN enabled Credit Cards to help you get started.  What is a CHIP and PIN enabled Credit Card? Traditionally, Module 8.1. VOCABULARY. Credit card. : a plastic card providing a revolving loan to the holder for goods or services that must be paid back to the issuer on a predefined payment plan with interest if required. Credit cards are an example of revolving credit or open-end consumer credit.. Introduction to plastic money. Evolution of plastic cards. Plastic money . – A new and easier way of paying for goods and services. Provides convenient usage alongwith incentives. An alternative to hire-purchase or loan on consumer goods. By Financial Foundations. Check your Credit Score: . Go online and request a copy from any of the credit bureaus at least once a year or use Credit Karma to check Equifax and TransUnion for free.. . Face Off. PLAY. Question #1. What . is the name of this Credit Card? . Surge Credit Card. ANSWER. Question #2. When is the payment due?. 7/12/15. ANSWER. Question #3. If ODP is used to cover a check, how would it appear on the credit card statement? . Other Personal Debt. Bob Kraus ‘79. Jed Scala ’89. January 5, 2012. Agenda. Overview of Payment Methods . Establishing Credit & Selecting a Credit Product. Understanding Credit Card Terms. Credit . Playing cards are familiar. You know their suits: diamonds, hearts, spades and clubs, in a deck of 52. Blackjack, Gin and Poker are played with these cards—but do you know the cards’ origins?. Though unsuspected, the deck of 52 abases a deep and grand iconographic history. Cards as we know them were filtered through and modified by French card-makers during the 19. OBJECTIVES. Identify the sources of credit. Understand the types of credit. THE MAIN IDEA. There are many different types of credit . plans including . charge accounts. credit cards. single . payment . A Case for Cards. One of the fastest and most concrete ways to improve Credit Score. Free Short Term Loan. Credit card companies often offer bonuses and points for use. If paid off at the end . . of every month, they . Credit Cards, NJ Your Smart Choice for Merchant Services Jennifer R. Glass CEO “This is by far the most complex industry I have ever been associated with. I always tell new employees to give themselves six to nine months to become comfortable with the lingo and to understand how the payment processing system works The financial ecologies and circuits of commerce of retail credit cards in Santiago de Chile José Ossandón ; Macarena Barros; Felipe Gonzalez Tomás Ariztía ; Camila Peralta; María Jesús Credit Card Basics . A credit card is a loan that is based on the character, or reputation, of the person that . holds the card.. How . does the credit card company know the character of the . card holder? By getting .