Small Course About Bank Cards ⭐

Small course about Bank cards

There are several types of cards: Credit card: A Credit Card is a payment card issued to users (Cardholders) as a method 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 generally a bank creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. Debit card: A debit card (also known as a bank card or check card) it’s a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money comes directly from the user’s bank account when using a debit card. Prepaid Cards: a card issued by a financial institution that is preloaded with funds and is used like a normal credit card. A prepaid credit card works in the opposite way of a normal credit card, because instead of buying something with borrowed funds (Through credit), you buy thing with funds that have already been paid.

This cards function like a gift card OR VCC.

Continue reading the guide HERE

Happy learning!

5 Likes