Types of credit cards

E-Commerce

Draws the consumer in recent times to give up a little bit from the traditional shopping and waste of time to wander around in the markets, and the transition to electronic shopping, which began competing and speculate on the traditional markets, where getting the consumer to the product, which is in place without having to leave his job or his home, and a prelude to the spread of trade e been developing ways for secure payment, which is the consumer that he has already shopping on the ground, shall be paid price of the item using a credit card, both locally and internationally mother, to the mainland and the product quickly and easily, and is considered the cards of the most important e-commerce requirements (e- Commerce), which must consumer possess to be able to enjoy e-commerce.

It is noteworthy that credit cards are not only linked to e-commerce matters, but beyond that the closely linked to banking matters purely Also, as a means to facilitate the process of withdrawal of salary outside the official working hours of banks times, and at any time via the ATM.

credit cards

Credit Card, is a card or a piece of plastic rectangular, issued by the official or private, and be of particular use and conditions of the policy, and give her employer's safety during the shopping process, and are used for the purposes of payment, and put the issuer credit card minimum and the highest amount that must be deposited in card to make purchases, and more credit cards traded and widespread Visa card (Visa Card) and MasterCard (Master Card) and euros card, and each card be special and one person only afford the user number and name account, and the user gets in exchange for payment of issuance fees, and vary according to the exporting them.

Types of credit cards

• Credit Card (Credit Card): Issuer credit card customer's card is issued as a line revolving credit benefit of the cardholder, and is considered a loan to take advantage of them gives the consumer to buy whatever he needs, then use the payment later mechanism, and also allows the beneficiary of the recycling portion of the amount owed to any month, or the full amount, and imposes the issuer or credit union interest on customer tally based, and the most used cards of this type Discover, Visa Card, Master Card.
• Account Card (Charge Card): allows card account for the client the possibility of online shopping payment immediately, and repayment at a later time, do not allow recycling amount to any other month, and must pay the cardholder immediately the full amount when the purchase is complete and the issuance of the bill, it is not the imposition of any benefits to the client, and these cards American Express Green Card.
• Card City (Debit Card): the customer receives under this card to pay for purchases by drawing conducted by the bank on current accounts, ie turn the client to convert the value of the purchases to the seller directly through the use of this card, and pay through the requirement that the card City, the merchant receives the value of purchases on the same day, and completed the procurement process, and if this is the card outside the city line, the delivery process and convert the value of purchases to be within days.
• ATM card (Automated Teller Machines): symbolizes her Acronym (ATM), the client gets through this card to authorize the use of credit teller machines and networks related to these machines, which are related to other Bmassarv, it gives him the possibility of doing a number of typical or standard banking procedures Kalkiem process of transforming funds between accounts, deposit and withdraw cash, in addition to the payment of bills.
• Smart Card (Smart Card): did not receive this type of card the wide spread use, in spite of all the issued requirements are available, and consists of smart card from the thin piece, containing electromagnetic tape can be read electronically, and can be used in the units of ATM and other mechanisms, this is the amount that has been consumed and it coincides with the reduced line of credit discount.
• Prepaid Cards (Prepaid Card): This is a type of card from the most common types of primitive cards, and it has been developed by the smart card, and depends on the method of installing a certain amount gives the consumer authorization to access the card through that amount, and begins a gradual reduction of the value of the amount in card in conjunction with each process being used by the amount.
• Coalition card (Affinity Card): Also called membership card, a card that was developed especially to attract certain groups and the consolidation of belonging to associations or social organizations, and the aim of this type of card to encourage users to use and benefit from them, and lay the interest of the association or social organization which gives its members the use of this card a certain commission percentage determined by the issuer of the card from the income earned through use.
• A co-branded card (Co- Branded Card): Also called allowances or rewards card, and gets the user of this card remuneration for use of her, and the advantage of this type of card to give the customer a reduction in promotion costs in exchange for increasing the number of its users, are the promoters card promotional means by installing its name on the card.

The advantages of credit cards

• Facilitate the purchase over the Internet while maintaining privacy and security.
• Consumer exemption from carrying cash payments (Pay Cache).
• Easy to use and pregnancy characterized anywhere.
• Characterized by the global credit cards accepted.
• The possibility of retaining records of exchange.
• Enable the user to turn off the card if lost.
• Get the special advantages of discounts and rebate.