منافع و التزامات و مخاطر بطاقة الائتمان

Abstract EN

Although it s little in age, credit card expanded tremendously and quickly.

No doubt it wouldn't fact its present success and celebrity if the users didn’t recognize its new benefits which wouldn't be achieved if other means of paying like cash money and commercial papers are used.

In this research, after explaining the practical steps to omit and use the card, we are aiming at displaying the real and consequent benefits and requirements for each party that deals with the card.

Then, we will conclude it by showing the different surrounding risks of using the card and the possibility of avoiding them.

The core of using the credit card is found between three major parties: card’s issuing, its holder and the merchant.

The card’s origin presents the central basic as it is associated with its holder by a contract that states the commitment of giving an acceptable card, or a loyal means, at a large number of commercial shops, besides opening a credit of certain amount of money for the holder to be used in paying all his purchase.

In addition, card’s origin is connected with the merchants who accept the card by a contract provides their security or guarantee for the purchases prices done by the holder in limits of the credit given to him.

More, over card’s origin guarantees the quick and easy loyalty through using these cards for both its holder as well as the merchants.

This mentioned traingle relationship might be arranged by other two parties: card companies organization and the merchants bank.

The operation of emitting the credit card includes making two basic deals from its origin with its holders and merchants.

These two deals will be out of action till the card’s holder starts buying from the merchant.

Thus, a third contract is made which moves the previous contracts making them ready to be put in action.

The card’s parties have many card request requirements as they do have in turn many benefits.

The card’s origin gains an income from: charges of and emitting renewal, percent taken from the merchants bills, benefits of the ability to postpone and delay paying the card’s debit.

Futhermore, it supplies its holder with many characteristics such as: security, gaining the loan easily, besides expanding the merchant’s sales.

Risks of credit card are: misusing them from its holder which leads to the inability to pay its debit, the risk of not accepting it in some places and the possibility of stealing and losing.

Also, the card is no longer away from the risk of forgery which has become an international problem making the issuing saffer, but they don’t declare so as not to shake the trust of using the card