What is a credit card?

In the Canada, millions of people with a credit card processing (sometimes called a credit card processing ). Credit cards are issued by banks and credit card organizations. With a credit card can be relatively simple form of a product or service purchased. Through an automatic debit or a credit slip later, the amount of the current account.

In the banking institutions, credit card information can be found under the heading 'pay'. Therefore, it is a means of payment. However, there are not many people know that, in principle, open a credit facility and are enrolled in the BKR. The credit cards processing were in fact under the heading "credits" to be.

Therefore, it is possible that a product or service is paid with the card and was subsequently amortized in the current account. Between payment and redemption through a credit facility.

Usually, at a fixed date in the month payment once written off. Usually not the interests of calculation. In reality, these are not credit cards, but in the jargon that charge cards.

It is also possible to pay in monthly installments to resolve. There is interest payable to the bank. You can reach up to 20%. It is wiser than a revolving credit to these questions and to replace them. These are the real online credit card processing.

If there are no debit option, it became the BKR in Tiel. This can have negative consequences in the future, when the request for loans and mortgages