What is Credit card?
[[File:Credit-cards.jpg|thumb|right|Two credit cards]]A '''credit card''' is a card which allows people to buy items without [[cash]]. Each card has a unique number. Using this number, plus other details on the card (such as the validity date, or a code), the client can buy goods or services. The issuer of the card automatically transfers the money to the seller. The person using the card gets a [[credit]]. The customer has a certain amount of time to pay the credit card bill. If the bill is left unpaid for some time, the customer will have to pay [[interest]] for the amount that is left unpaid. Payment using a credit card is one of the most common methods of electronic payment. A [[debit card]] similarly allows paying without cash, but it pays with money in the user's bank account. Credit cards are usually small plastic cards with a unique number attached to an account. Most are [[magnetic stripe card]]s and many have an [[EMV|EMV chip]] for use by card readers. Paying with a credit card means you borrow the money and must pay it back in a specified time. Users who fail to pay in time may have to pay much more. {{stub}} [[Category:Money]]