An affinity card is a credit card issued to members of a specific group, such as a club or college, or to supporters of a certain charity. The credit card company donates a portion of each transaction to the affiliated organization.
A credit card is a plastic card issued by a bank or finance organization allowing the holder to make purchases in shops, hotels, restaurants, petrol stations, etc., on credit.
A credit limit refers to the maximum balance that a credit card issuer allows a customer to borrow on their credit card. It is a fundamental aspect of credit management and determines the extent of a cardholder's purchasing power.
EFTPOS is the automatic debiting of a purchase price from a customer's bank or credit-card account through a computer link between the checkout till and the bank or credit-card company, often involving chip-and-PIN systems for secure transactions.
A gift card is a type of gift certificate in the form of a card into which value can be encoded. It is used much like a credit card for the purchase of consumer goods and services, up to the limit of stored value.
