Additional Resources

  1. Economics Of Credit Cards [law.gmu.edu]
  2. The Economics Of Credit Cards [law.gmu.edu]
  3. Who Gains And Who Loses From Credit Card Payments? [citeseerx.ist.psu.edu]
  4. The Economics Of Two-sided Payment Card Markets: Pricing, Adoption ... [citeseerx.ist.psu.edu]
  5. The Antitrust Economics Of Credit Card Networks [faculty.chicagobooth.edu]
  6. The Economics Of Payment Cards [sites.bu.edu]

Definition

A credit card is a payment card issued to users as a method of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. The issuer of the card creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.

Credit Card

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