As anyone who owns or manages a retail business knows all too well, American Express (NYSE:AXP) charges merchants significantly higher fees than Visa or MasterCard.The actual rates vary depending on several factors, but American Express charges retailers around 3% of each sale, while Visa and MasterCard charge around 2% on

E-wallet, Credit Card and Debit Card are cashless payment. But what is the difference between them? Credit Cards Allows you to pay merchant for goods and services by borrowed money from a bank and only pay at the end of every month. Either you pay all of the money spent

The start of credit card While closed loop charge cards started with retail, oil and tour businesses in the early 1900s, it wasn’t until the Nineteen Fifties when what we comprehend as the current day savings card used to be born.   It all started out in 1949, when Frank

Credit Cards vs. Debit Cards Credit cards and debit cards look almost similar, with 16-digit card numbers, expiration dates, and personal identification number (PIN) codes. But that is where the similarity ends. Debit cards allow bank customers to spend money by deducting money they have deposited at the bank. Credit cards

A prepaid credit card is a secured card issued by a financial institution that has been secured with a prepayment. These cards can be compared to prepaid debit cards which use preloaded funds for transactions. Breaking Down Prepaid Credit Card Borrowers can utilize prepaid credit cards with a thin credit