Payment cards Simona Popelková. Payment card Since 50s credit, debit and other payment cards as well as the other forms has changed the method of payment.

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Presentation transcript:

Payment cards Simona Popelková

Payment card Since 50s credit, debit and other payment cards as well as the other forms has changed the method of payment Payment with cards is the fastest, the best and the most cost-effective method of payment in whole world

History The first credit card has became the card of Air Travel Card The first cards were made of cardboard or sheet metal In the end of the 20th century start to emerge credit cards which we know today, such as VISA Card, American Express and others.

Types paymant card Credit card is the most common payment cards. With this credit card we can pay in shops and we can pay services. A debit card it exactly looks like a credit card, but in the functions are a different. All payments are paid by debit card at the end of each month. A charge card means obtaining. That is very short term (usually around 1 month) loan for a purchase.It is similar as a credit card except you have to pay monthly fees. A gift cards are used as a non-monetary gift. Gift cards issued by merchants. On this card is some amount of money and the owner of the card can spend in shops.

Entities Cardholder - It is a terminal client, individual or organization. This entity owns card. Issuer - card issuer is a bank or other financial institution that gives the card holder, based on the contract. Organizer market- Of the conditions of issuing payment cards organizes and promotes Merchant - accepting payment cards, one or more of the card associations.

PIN Pin is password, which is included with each card. PIN is the four-digit password when cash withdrawal from ATM or credit card payment in the shops - I have to enter a this PIN.

Advantages and disadvantages of payment cards ADVANTAGES : Simple - when buying goods and services, if you do not have cash, wide acceptance network in the country, and globaly, Safety - if lost or stolen cards, you can easily and quickly prevent further abuse. Just call the bank and block the card for future using. Money is always available - with a credit card you can pay anywhere

Advantages and disadvantages of payment cards DISADVANTAGES Fees - card disadvantage could be charging for their issue or blocking and other, Misusage - when using PIN is an important security

CARD PAYMENTS NEWS Noncontact payment cards This card will speed payment with card Need special noncontact terminal Paying with a card in the 500 Kč without entering PIN In this way it is possible to pay only three times

TOPICS What do you think of noncontact payment cards? Is 500 CZK a lot or a little? Is this method of payment the safe?