Now you KNOW what actually happened when you swipe your credit card and SCARY facts about credit cards!

 

The Anatomy Of A Credit Card Transaction

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Have you ever wondered how a credit card works – what happens behind the scenes as you swipe your card and make a purchase?

How does the retailer get paid, and how does your bank keep track of how much you owe on your credit card?

In this infographic, we explain the inner workings of a credit card, as well as offer tips to credit card holders on how you can minimise the fees on your card, and what to do if you’re in too much debt.

Source: iMoney

Posted by: www.in-tune.biz

In Tune specialises in finance and accounting outsourcing, human resource (HR) outsourcing to SME business owners in Malaysia; that traditionally cannot afford professional services which they now can at a fraction of the cost less the headache; so that they have more time to focus on the business operations that matters to them.

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