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. Incoming search terms:kenya [ Read More ]
Archive for the ‘Credit Cards and Debit Cards’ Category
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 ]
Visa and Mastercard are considered to be the leaders in credit and debit cards business. The two associations are spread throughout the world and in the banking industry in kenya Credit and Debit Cards associations Both MasterCard and VISA are in the process of opening Regional Offices in Kenya for Credit and debit cards. Is this move by both organizations [ Read More ]
The credit card collections are very important to ensure that the debts of the customers do not make the credit card companies bankrupt. There are three things or considerations of utmost importance for the credit card collections teams. Delinquency of the cardholder accessed by the credit card collections team The credit card collections must assess the delinquency of the cardholder. [ Read More ]
