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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Sunoco - an American petroleum and petrochemical manufacturer now called Sun Oil Company.
  • MasterCard PayPass - a new contactless payment feature that provides cardholders with a simpler way to pay by tapping a payment card or other payment device, such as a phone or key fob, on a point-of-sale terminal reader rather than swiping or inserting a card.
  • Gift certificates or gift cards - cash alternatives that are essentially the same, except that the cards automate the checkout and accounting processes by having a barcode or magnetic strip, which can be processed through a standard electronic credit card machine.
  • Debtor - a person or company owing debt (such as a cash loan).
  • Pre-approved credit card solicitations - offers for new credit cards sent by credit card companies, often utilizing low or 0% initial interest rates to entice consumers to submit the application.

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