CREDITCARD

Credit card

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. The issuer of the card creates a revolving account and grants a line of credit to the consumer from which the user can borrow money for payment to a merchant or as a cash advance to the user.

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credit card

Noun

  1. A plastic card, usually with a magnetic strip or an embedded microchip, connected to a credit account and used to buy goods or services.


The above text is a snippet from Wiktionary: credit card
and as such is available under the Creative Commons Attribution/Share-Alike License.

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