CREDIT CARD What is a credit card? A credit card is given by the banker to the customer in which the name of the customer is embossed in block letters. The name of the bank and the date of issue and expiry are also mentioned on the face of the card. A credit card is a payment card is issued to users as a method of payment. It allows the cardholder to pay for goods and services based on the holders promise to pay for them. SIZE OF THE CARD The size of most credit cards is 85.60mm*53.98mm conforming to the ISO/IEC7810 ID-1 standard. Credit cards have a printed or embossed bank card number complying with the ISO/IEC 7812 numbering standard Many modern credit cards have a computer chip embedded in them for security reasons. HISTORY OF CREDIT CARD The concept of using a card for purchases was described in 1887 by Edward Bellay in his utopian novel looking backward. Bellam...
Posts
Showing posts from April, 2020