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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Maestro - an international debit card service; a joint venture by Mastercard and Europay International.
  • Supermarket gas stations - discount gas stations found at some supermarkets (Albertsons, Kroger, and Vons), convenience stores (7-Eleven), mass merchandise stores (Wal-Mart) and membership warehouse stores (Costco, Sam's Club, and BJ's). Some such stations require a special membership card to receive the discounted gasoline price.
  • Personal check - a written order to a bank to pay the amount specified from previously-deposited funds.
  • Credit card system - a type of retail transaction settlement and credit system, named after the small plastic card issued to system users. A credit card is different from a debit card in that the credit card issuer lends the consumer money rather than having the money removed from an account.
  • Gasoline or gas - a petroleum-derived liquid mixture consisting primarily of hydrocarbons, used as fuel in internal combustion engines. Often called petrol outside the U.S.

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