Credit card

A credit card is a scheme of payment named after the small plastic card issued to users of the system. In the case of credit cards, the issuer lends capital to the consumer to be paid afterward to the merchant. It is diverse from a charge card, which requires the steadiness to be paid in full each month. In difference, credits cards allow the customers to 'revolve' their stability, at the cost of have interest charged. Most credit cards are issue by local banks or credit union, and are the same shape and amount, as specific by the ISO 7810 standard.