Business

Should you sell your palm print to Amazon?

Amazon is offering $10 in store credit to anyone who hands over their palm prints for use at the company's register-free brick and mortar stores—a move that may make check-out quicker and more convenient for customers, ...

Business

Afterpay, the $29 billion Aussie startup

Australian fintech Afterpay is being bought out by US digital payment platform Square—less than seven years after launching as a "buy now, pay later" start-up.

Business

US lawmakers press online ad auctioneers over user data

A bipartisan group of US senators has sent letters to major digital ad exchanges, including Google and Twitter, asking whether user data was sold to foreign entities who could use it for blackmail or other malicious ends.

Business

Record-breaking Bitcoin tumbles on Yellen warning

Bitcoin tumbled Tuesday from its record-breaking run after US Treasury Secretary Janet Yellen warned that the "highly speculative" unit could be used for "illicit" purposes.

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Credit card

A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services. The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.

A credit card is different from a charge card, where a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers to 'revolve' their balance, at the cost of having interest charged. Most credit cards are issued by local banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1.

This text uses material from Wikipedia, licensed under CC BY-SA