Credit Card :-

Credit Card एक Rectangular Plastic Card है, जो customer को Credit-based Transactions करने की सुविधा देता है। Credit Card के माध्यम से customer उपलब्ध Credit Limit के अंदर Shopping, Online Payment या अन्य eligible payments कर सकता है।

Credit Card का early development John Biggins (जॉन बिगिन्स) से जुड़ा माना जाता है, जिन्होंने 1946 में Charg-It नामक system विकसित किया था।

Credit Card customer को एक Pre-defined Credit Limit प्रदान करता है। Customer इस credit limit के अंदर payment कर सकता है और बाद में bank/card issuer को उस amount का भुगतान करना होता है।

Credit Card की Credit Limit bank या card issuer द्वारा customer की Credit History, Income, Repayment Capacity और अन्य eligibility criteria के आधार पर निर्धारित की जा सकती है।

Example: यदि किसी Credit Card की credit limit ₹50,000 है, तो customer उस limit के अंदर eligible transactions कर सकता है। खर्च की गई राशि को बाद में card issuer को repay करना होता है।

English:-

A Credit Card is a Rectangular Plastic Card that allows a customer to make Credit-based Transactions. It can be used for Shopping, Online Payments, and other eligible payments within the available Credit Limit.

The early development of the Credit Card is associated with John Biggins, who developed the Charg-It system in 1946.

A Credit Card provides the customer with a Pre-defined Credit Limit. The customer can make payments within this credit limit and is required to repay the amount to the bank or card issuer later.

The Credit Limit of a Credit Card may be determined by the bank or card issuer based on factors such as the customer's Credit History, Income, Repayment Capacity, and other eligibility criteria.

Example: If a Credit Card has a credit limit of ₹50,000, the customer can make eligible transactions within that limit. The amount spent must later be repaid to the card issuer.