A card that allows a cardholder to make purchases through an electronic network on credit terms that have been pre-negotiated with the card issuing bank is a(n)

Question

Quizplus · Accepted Answer

Credit cards allow cardholders to make purchases on credit terms pre-negotiated with the issuing bank, unlike debit cards which withdraw directly from a checking account, prepaid cards which use preloaded funds, and ACH cards, which do not exist in the context of individual consumer finance.

A Card That Allows a Cardholder to Make Purchases Through