Credit card

I talked about electronic money last week, I talk this week about the credit card, among other electronic money.
It is one of the means of payment when you make a purchase , a credit card is a card that has been recorded, such as the number of subscribers is described. Credit card company was named as "credit" in the sense that to extend credit to members.
Credit cards are in arrears to pay the price later using. Credit card is required for examination when membership Unlike debit cards and prepaid cards prepaid payment immediately because it is a deferred payment. Such examination is the ability to repay, such as the income is stable. It is settled by the magnetic stripe and IC when we use a credit card. When we settled in to the IC, can be settled by security code on the signature. Credit card is a mechanism when you purchase at the store that can be used, if you present the credit card, the credit card company who will take over the payment to the store once, and to claim the price later cardholders.





There are a variety of credit card payment.
Lump-sum payment : Be paid at once what I bought. Card-only lump sum is called charge card. Credit card was first lump-sum payment.
Payment in installments : There are two installments and not take the commission, is 3-36 times installment. Cardholders who pay is useful when you buy a high-ticket items.
Revolving : Is the way to pay the fixed monthly amount that is determined to. Cardholders can buy things too far, the amount you pay each month is not changed features.
There is a disadvantage to the revolving, It is the thing that will increase the number of payment. Although not widespread because merchants are reluctant, credit card companies have increased in reverse. So, tend to encourage users, such as campaigns for revolving.
Bonus payment : In ways that rely on the bonus pay, there is also grace to pay up to one year if the payment twice a month up to six months, if the bonus bonus payment.
Flexible payment : Flex pay is a kind of revolving. But, you can freely determine the repayment amount is equal to or greater than the minimum amount established by credit card companies. Easy to understand and I think flexibility has joined the revolving. Flex pay is marketed as a disposable prepaid card for gift in general.
Graded credit card in Japan is often based on the classification stage position the card 4 American Express is doing.
To prevent crime in the card, credit card credit inquiry is performed when using. When you bring the card to an illegal appeared is as reported to the credit card company, so as not to be noticed.
There is also an invisible money such as credit cards and money to say. I have produced even money that invisible world of technology will continue to evolve as the months passed. There are many positive aspects to the credit card, there is also a disadvantage. There is too much to use and where you do not know yourself how much did you use the money, the money.