A primer on the workings of a credit card

Credit cards are a boon in these modern times and there is no denying that. A swipe, a touch, a tap, and everything is paid for (yes, you do pay for what you buy, but not until later.) So, what’s the idea behind these swipes? Who is actually paying for the stuff we purchase? Are credit card companies making money every time we use our cards? These are some of the questions that we’re going to try to answer for you. What is a credit card?A credit card is a plastic payment card that is designe...

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