How does the credit card work
What is the first step for a credit card transactions?
Tap insert or swipe
What year was the credit card invented?
1946
What is 1 change in “some other changes include”
Custom front photos , RFID chips, Digital card numbers, PIN
What does the issuer do at the end of a working day?
Sorts payments by card schemes
Who invented the first credit card?
John Biggins
What are credit card company’s always striving for
Better security
What does the acquirer do
Send payment information to the issuer
Where did John work?
At a bank
What was one of the first changes made to the credit card and by who
IMB added magnetic stripes to the back of the card