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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Credit card system - a retail transaction credit and settlement system named after the small plastic card issued to users of the system.
  • Maestro - an international debit card service; a joint venture by Mastercard and Europay International.
  • Gas theft - the removal of gasoline from a station without payment. Typically the thief will usually use some form of decoy to prevent nearby witnesses from noticing the lack of payment until they have left the station. Common decoys include pretending to press the wrong buttons after swiping the credit card, or having multiple people get gas at the same time with one paying for another person and the other running off with both cars.
  • Debt - that which is owed to someone else, such as money.
  • American Express - a diversified global financial services company headquartered in the United States, best known for its credit card, charge card and Traveler's cheque businesses.

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