Sunday, April 12, 2009

Where you can use your credit card

When credit cards first came on the market they were mostly used locally. Card holders were issued credit cards by their banks valid at very specific local merchants. As customers began seeing the use of having a credit card, they demanded cards that they could use outside their localities. That’s when the big credit card companies came into being. Visa and MasterCard filled the need that customers had for credit cards that they could use nationally. These big credit card companies were the intermediary between the banks, the merchants and the customers. With the birth of these big credit card companies more and more merchants signed on to honor these credit cards. Soon credit cards were the norm. Today credit cards are a worldwide phenomena. You can use your credit card in almost any part of the globe with very few exceptions. Using your credit card is an easy and convenient method of making big ticket purchases, accessing emergency funds and traveling without the worry of carrying around a huge roll of money. You can also use your credit card to make purchases online. With the advance in secure technology there is no longer any reason to fear having your credit card compromised by hackers on the internet. The places you can use your credit card are varied and enormous. Accepted on all college campuses they are a convenient way for students to live when funds run low. Soon there will not be any place where using your credit card in not accepted. It is just a matter of time for this convenient and easy tool to become as pervasive as the telephone.

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