Credit and debit cards (Visa, Mastercard, American Express, Discover and Diners, JCB) are a dominant payment method globally, accounting for 41% of online payments.
Credit cards are issued by banks and allow customers to borrow money with a promise to pay it back within a grace period to avoid extra fees. Consumers can accrue a continuing balance of debt, subject to being charged interest on the amount.
|Payment Method Type||Card|
|Relevant Payer Geography||Global|