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A credit card is used for making purchases that are paid for at a later date. If a transaction is approved, the card issuer pays for the transaction on behalf of the cardholder and then bills the cardholder for the amoun... More »

www.reference.com Business & Finance Credit & Lending

Updating credit card information varies according to which service or website has the credit card information stored. For example, Skype requires users to log in to their accounts, navigate to Billing and Payments, then ... More »

www.reference.com Business & Finance Credit & Lending

Bankrate, Credit Karma and Vertex42 offer credit card calculators that contain information related to outstanding balance, interest rate, monthly payment and desired month until debt free. From there, a user is able to v... More »

www.reference.com Business & Finance Credit & Lending
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When applying for a credit card, among the basic information an applicant is required to give a credit card company are his personal identification and contact numbers, Social Security number, date of birth, and annual h... More »

www.reference.com Business & Finance Credit & Lending

Credit card skimmers are devices that store credit card information when a card is run through them so that a thief can then use such information to make fraudulent charges on the card, according to About.com. Such skimm... More »

www.reference.com Business & Finance Credit & Lending

Mobile credit card readers scan the magnetic strip on the back of a credit card to obtain customer account information, as The Nest reports. This data then allows the reader to transmit a processing request to the custom... More »

www.reference.com Business & Finance Credit & Lending

Prepaid Visa cards can be used as payment for any business that accepts Visa cards, meaning these cards work in much the same way as a standard Visa debit or credit card when it comes to purchases, according to Visa. The... More »

www.reference.com Business & Finance Credit & Lending