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How do Credit Cards Work and What to Know?

How Credit Card Works

A credit card is a convenient mode of payment made of plastic that allows you to make purchases online/ offline without parting cash. So, how does a credit card work?  Let’s examine a credit card closely. What are the dimensions to a credit card:  Unique identifier   Expiry date  Name of the holder  Logo of Visa or Mastercard   On the backside of the credit card is:  Magnetic chip  CVV