Credit Card

Credit Card is a non-cash payment, a simple credit. Credit is generally long 85.60 mm, width 53.98 mm, 1 mm thick plastic cards (size is a series of documents by the definition of ISO 7810,7816), by a bank or credit card company in accordance with the user's credit issued to cardholders and financial holding Card credit card holders are not required to pay cash, pending further payment when the balance sheet date. In addition to some combination of credit and debit cards, in general, credit and debit cards, ATM cards with different credit card will not be charged directly by the user's account funds.
Origin
Credit card in 1915 originated in the United States.
Institutions are not the first bank issued credit cards, but some department stores, restaurants, entertainment and gasoline companies. Some U.S. stores, restaurants to attract customers, sell products, expand sales, selected within a certain range of metal badges issued to the customer's credit a similar chips, and later evolved into the use of plastic cards, as customers purchase evidence of consumption goods, carried out by the credit chip in the firm or company or gas station purchases of credit services business, customers can shop in the chips and the semicolon issue merchandise credit, some of the payment. This is the prototype of a credit card.
It is said that day, U.S. businessman Frank McNamara, a New York hotel guests in the dining, dining forgot his wallet was found close at hand, which deeply embarrassed his wife had to call up the hotel bill with cash. So McNamara had the idea to create the credit card company. The spring of 1950, McNamara and his friends ten thousand dollars Schneider co-investment in New York created the "Diners Club" (Diners Club), the largest credit card company, the predecessor to. Diners Club members to provide a way to prove their identity and ability to pay the cards, membership cards can be accounted for by consumption. The bank need not remain with the nature of the credit card business credit card.
 In 1952, California, Franklin National Bank as a financial institution issued the first bank credit card.
In 1959, the United States, Bank of America issued in California, Bank of America card. Since then, many banks are entering the ranks of card-issuing bank. To the sixties of the twentieth century, the bank credit card soon was widely welcomed by the community, and rapid development, credit cards not only in the United States, but in the UK, Japan, Canada and European countries are also prevalent. From the twentieth century, the seventies, Hong Kong, Taiwan, Singapore, Malaysia and other developing countries and regions, but also started to issue credit cards.
Features
1, no deposits can advance consumer and enjoy 20-50 days of interest-free repayment period of time and do not charge a penny of interest.
 2, the shopping card not only safe, sanitary, convenient, and gift points.
3, card merchants in the bank's consumer, can enjoy the discount.
4, the accumulation of personal credit in your credit file to add credit record, allowing you a lifetime.
5, barrier-free access nationwide, in a CUP logo on both ATM and POS machines withdrawal or credit card spending.
6, various incentives and sweepstakes throughout the year, so you can always just pleasantly surprised with the card. 7, free mailing of monthly bills, let you control every consumer spending transparent.
8, the specific function of the subsidiary card for husband and wife co-financing, or control their children's financial expenditures.
9, free to choose the form of a dual currency card, access the world outside the consumer can repay the territory of the RMB.
10, free 800 calls 24 hours effective immediately report the loss, the loss of cards zero risk.
Categories
Divided by issuing organizations: Visa, MasterCard, American Express, JCB Card, Discover that card (Americas), the United Credit Card (Taiwan), Diners Card, NETS (Singapore), BC Card (Korea), China Union Pay Card (China), Banknetvn (Vietnam) and so on.
Divided by currencies: single currency card, dual currency cards.
By Credit Level: Normal Card (Silver), Gold, Platinum, Infinite card
Divided according to whether the joint distribution: joint card, standard card (non-branded cards), identity card.
Divided by the card shapes and materials: standard cards, mini cards, shaped cards, transparent cards.
 Divided by the information storage media: magnetic stripe cards, chip cards.
Divided by the relationship between the card: Main Card, sub card.
Divided by the identity of the holder: personal cards, business cards, corporate cards.