There are many ways of transacting business on credit. One of this is through the use of credit cards. The issuer of the card is a bank or any other financial institution with which the holder must have an account. The issuer facilitates transaction by paying on behalf of the holder and them making a claim from the holder at, for example, the end of every month.

There are many parties to a credit card and they all play a crucial role in making the business

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