Credit card

have the funds to purchase them, creating an account receivable, or when they cannot afford the whole amount upfront and want to make payments they create a note receivable, which usually accrues interest. When it comes to the business side, granting credit helps increase sales, but it could also lead to a write-off because a customer did not pay. Furthermore, this is why ethics plays an important role by the creditor and the debtor. According to my accounting course, ethics is “a code of…

Microchips are smaller than regular sized chips and typically can do the same amount of work, if not more. According to the Merriam-Webster dictionary, a regular chip is “a small wafer of semiconductor material that forms the base for an integrated circuit.” (dictionary) Although microchips seem like a better way to go, there are a few minor complications in this idea, such as the complexity of the circuits, the cost of the materials to make produce it and the function that is required of this…

In Suze Orman’s “how to take control of your credit cards” she explains how to reduce credit card debt no matter who you are or the amount of debt you have. Her target audience is any individual who is trying to reduce their debt, but has no idea how to even start. As she states in paragraph two, “If you have the desire to take control of your credit card mess, you can”, anyone can use her book to reduce their debt. Suze’s thesis is best expressed I the following sentence, “I am not saying it…

VISA Inc. is a multinational financial services corporation which facilitates electronic funds transfers across the world. Visa also issues debit and credit cards but it does not extend credit or sets charges for the consumers. It only caters to the needs of financial institutions regarding VISA-branded payment products which are used by the institutions to offer cash access programmes and cashless transaction programmes to their customers. The global network of Visa transactions is also called…

I only have a full year of college completed and some random credits from different community colleges. I didn’t have any professional job training, so I opted into working fast food jobs. The jobs that I worked were designed for high school or college students to earn pocket money, not for a person to live a comfortable…

Transaction Fee: Yes • Swiped: debit card 0.25% + $0.19, credit card 1.58% + $0.19 • Keyed: debit card 0.85% + $0.19, credit card 1.99% + $0.19 E-Commerce/Online Payments: Yes POS Payments: Yes • Swiped: debit card 0.25% + $0.19, credit card 1.58% + $0.19 • Keyed: debit card 0.85% + $0.19, credit card 1.99% + $0.19 Mobile/Wireless Payments: Yes • Swiped: debit card 0.25% + $0.19, credit card 1.58% + $0.19 • Keyed: debit card 0.85% + $0.19, credit card 1.99% + $0.19 Mobile App…

industry with high revenues and high returns. Also, I am currently a consumer of the American Express and I like their customer service a lot. The reason I like their customer service is because they are willing to help with any questions related to credit limit and fees. Once I missed the due date and was charged late fee, but the customer service representative refunded it as a courtesy.…

Having grown up in a family that was torn by divorce, the crippling changes in the economic situation in my home country and eventually immigration, my only financial goal is to be without a lack of assets. Having to pay my own way through undergrad, as well as providing for my personal needs such as clothing, technology and transportation and almost all of my own groceries since I was old enough to work, at no point in my life thus far have I been able to save any of my income for long periods…

Credit cards are desirable for some purchases, but using them too much has serious pitfalls. Even if you are so conscientious that you always pay your balances in full each month, you can still lose money from such things as changes in terms, delayed processing of payments, shortened grace periods, and other methods some credit card companies use to trick consumers out of their…

changes there are also risks associated. Bitcoins are solely virtual, along with how the Bitcoins are stored in the user’s wallet amongst the bitcoin network. Including that the bitcoin can never be altered or disappear within the case of credit cards and debit cards which can be hacked and stolen for others to use. How Bitcoins popular way for users to pay is by using their mobile phones, including of paying over the Internet to E-commerce sites, or in person payments to businesses. Bitcoins…