Today, in this modern society where everything is in advanced technology and fast pacing. Can you still remember what is a Pager? What is the use of a Pager? What is the function of a Pager? It is used for communication. Now, we have Smartphones. A Smartphone is a combination of a computer and a cell phone. It is used for communication and social media. Can you imagine what technology can offer for the next ten years? Everything improves fast because everyone loves a new trend. Of course, everyone does not want to be left behind.
Moreover, money develops together with the society. In ancient times, animals are used to exchange goods and services. Today, it has evolved as a form of money such as cash that is generally accepted as a payment. We have cash, credit card, debit card, check and so on. What is cash? What is a credit card? What is a debit card? All of these are forms of money. Besides, a bank offers a quick credit. What is a credit? It is a debt in a bank or a financial institution. How can we use a credit? We can use credit through a card that is called the credit card. It is a plastic rectangular card with electronic chip where all transactions transmit in a bank’s system. A credit card is used for a quick credit. It is just one swipe with your card no need for cash. It can be used in retail stores, mall, restaurant and more. In the United States, credit card is a prominent form of money accepted as payment. In addition, an American avails a credit card if they have a good credit score. Credit score is reported to a Credit Bureau. In order to have a high credit score, an individual must pay their bill on time.
Source : PPI Claims