The phase Tough times don’t last but tough people do is a familiar one. Therefore whether one is living in Europe, Africa or even in the United States of America, people are undoubtedly living in hard economic times. What are hard economic times Great economies are facing hard economic times and are struggling, hence living in a country where majority [ Read More ]
What is a credit card? A credit card is a loan that is given by the bank but the monies are loaded to the card account and not a bank account. A credit card account is usually held in a credit card management system, which may be different from that of the core banking in kenya system.
Managing debt is very essential to all countries in the world. An organization will lend you money only if you have a good credit score and have maintained it well. Lending companies keep records of customers who are slow at paying back loans or loan defaulters and the information is distributed to all the other leading companies. What is debt [ Read More ]
A Virtual terminal can be used to process credit card transactions usually using credit cards, Debit cards and online transactions. Virtual cards may be used on a virtual terminal. What is a virtual terminal A virtual terminal is a terminal that can be used for processing any credit card transactions from any computer with internet access anywhere in the world. [ Read More ]
When considering the card company you will apply to, it is important to consider the additional Card Enhancements to the product you will get from the card company. There are several additions that a Credit card company can use to make their card more competitive and attractive to the prospective cardholder. We will look at the various card enhancements that [ Read More ]