banking and accounts
cards and credit
100

Specialized banks that manage merchant accounts 

Acquiring banks 

100

Credit used when a customer makes an expensive purchase and agrees to make payments over an extended but fixed period of time.

Installment credit 

200

A specialized account established by a business in order to process credit card payments from its costumer 

Merchant account 

200

credit cards cosponsored by two companies which have benefits and rewards designed specifically for their joint customers.

Co-branded credit card

300
A private company that acts as an intermediary between business and one or more credit card companies to establish and maintain credit services  

Merchant account provider 

300

Credit cards issued by a financial institution and cosponsored by an organization that receives a small percentage of the sales or profits generated by the card.

Affinity credit card

400

A credit plan that allows customers to make credit purchase at any time as long as the balance does not exceed a specified dollar limit.

Revolving credit

500

Plastic card with an embedded microprocessor that can store and process a large amount of information that can be read by computers

Smart card

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