Credit Card Online Casinos
About Credit Cards
Credit Card is a method of payment which allows the customers to 'revolve' their balance. Credit cards differs from debit card because it does not remove money from the user's account after every transaction. Credit card is a popular system of payment, a lot of people use a credit card. It is easy, only to think which of them you will choose.
How credit cards work?
Credit cards are issued after an account has been approved by the credit provider, after which cardholders can use it to make purchases at merchants accepting that card.
When a purchase is made, the credit card user agrees to pay the card issuer. The cardholder indicates his/her consent to pay, by signing a receipt with a record of the card details and indicating the amount to be paid or by entering a Personal identification number (PIN). Also, many merchants now accept verbal authorizations via telephone and electronic authorization using the Internet, known as a 'Card/Cardholder Not Present' (CNP) transaction.
The most popular credit cards are: Visa, Master Card, Dinersclub, Euro card, etc. Visa - is concerned with quick, secure and convenient transactions. Visa is one of the biggest company in the world that continually improves the system of security. MasterCard - a payment system that was founded in 1966 and has an excellent experience in order to assures the customers the confidentiality, security and quality. Eurocard is also a known method of payment worldwide that assures the customers the safety.
Credit Cards Security
The customers can be sure of quality because of the years of experience. It was created a huge black market in stolen credit card numbers, which are used before the cards are stolen. Another option created in order to protect the credit is Controlled Payment Numbers.
The low security of the credit card system presents countless opportunities for fraud. This opportunity has created a huge black market in stolen credit card numbers, which are generally used quickly before the cards are reported stolen.