Credit Cards & Debit Cards: Your Guide to the Bankcard Industry and Best Practices

Credit Cards & Debit CardsYour Guide to the Bankcard Industry and Best PracticesNo other form of payment has so revolutionized the world of commerce. But while millions of people have wallets stuffed with cards of every kind, very few understand how the payment system actually works.Greg Johnson has used his 25+ years of banking experience in writing this book which explains the interaction between cardholders and merchants, the banks that service both, and the card associations Visa® and MasterCard®. Throughout these pages, you’ll also find many practical tips to help get the most out of your cards.This is not a book about managing debt! There are countless books and articles which focus on that topic alone, and frankly if you’re already buried under a mound of debt, you should consider the services of a professional who can tailor a plan based on your specific set of circumstances. Rather, this book is for anyone looking to gain a better understanding of the bankcard industry and best practices when it comes to using a credit card or debit card. Here Is A Preview Of What You’ll LearnA Brief History of the Bankcard IndustryThe Role of the Cardholder, Merchant, Issuer, Acquirer, and the Card AssociationsThe Authorization and Settlement ProcessThe Critical Role of Interchange....Why Issuers Love It and Merchants Do NotHow To Choose a Credit CardYour Monthly Credit Card Statement….Why It’s Wise To Review It Every MonthWhat To Do If Something Appears Incorrect or Suspicious On Your AccountMerchant Disputes....Understanding Your Rights When Something Goes Wrong with a PurchaseCard Fraud.....Ways To Protect YourselfBankcard Fees....How to Avoid Some of the More Common OnesDebit Cards....When Best to Use and Not to Use a PINAnd Much More……Download Your Copy Today!