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Friday, November 07, 2008

Travel and Entertainment Cards

Travel and Entertainment Cards such as American Express and Diners Club originally targeted business customers who used these cards at restaurants, hotels, airlines and car rental agencies. As consumers used these cards more frequently more standard retailers began accepting these card types. To accept these cards the merchant must be approved to process Visa and MasterCard transactions through a credit card processor.

A requirement of these cards is that the cardholder must pay off the balance in full each month.


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