Important Role of Financial System in the Economy

[ad_1] The financial sector provides six major functions that are important at the firm level and at the level of the economy as a whole. 1. Providing payment services. Carrying enough cash with you to pay for purchased goods and services is inconvenient, inefficient and risky. Financial institutions provide an efficient alternative. The most obvious … Read more

The Skinny on Credit Cards – Book Review

[ad_1] By: Jim Randall (2010) ISBN 978-0-9818935-4-9 Book Price: $14.95 Plain-English, entertaining, explanation of important topics Jim Randall is an attorney and entrepreneur who has spent thirty years studying the topics of financial literacy and personal achievement. After years of studying how people learn, RAND Publishing created The Skinny On series of books to provide … Read more

Overdraft Item Reversal

[ad_1] Most bank customers sign up for new checking accounts without fully understanding the many terms and conditions (Ts&Cs) of the account. Overdraft protection is one of the often misunderstood terms and conditions of programs. In general, the function of an overdraft protection program is to allow a bank to cover (pay) an outstanding debit … Read more

Mastercard – Financial Services Company

Introduction of Mastercard Mastercard is a leading financial services company that operates globally, providing a wide range of payment solutions to individuals, businesses, and governments. With a strong focus on innovation, technology, and security, Mastercard has established itself as a trusted brand in the financial industry. History of Mastercard The roots of Mastercard can be … Read more

buy virtual credit card

[ad_1] Since the beginning of time mankind has invented and developed new ways to trade and do business. Credit cards are not a new concept. The first credit cards were introduced by American Airlines and the Air Transport Association in the mid-1940s to promote air travel. Later banks and financial service providers served their customers. … Read more

Credit Card Settlement – How To Legally Settle Bad…

[ad_1] Presently there are a huge number of consumers who crave for a valid credit card debt settlement due to various reasons. However, the main reason for this has been the economic crisis seen in the world recently. Factors like inflation have taken away the consumers from their strong financial base leading to many problems. … Read more