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Friday, September 21, 2007

Credit card

Credit card is often called as the plastic money as it replaces money in the modern world. Most credit cards are often given if you produce a valid income certificate, bank statement, salary certificate or other legal documents claiming you are capable of repay the amount credited by you. The future of transaction will be credit card as it is convenient for both the payee and the seller. There are security issues concerning credit cards all over the world, but as the technology advances these issues will be tackled more seriously in the future. Most banks often credit card services now a days. All these credit cards are associated with major credit card companies like VISA, MasterCard, AMEX and Discovery. These credit cards are accepted worldwide and convenient for frequent travelers.