A Credit Card is an electronic card. It is used by user (cardholder) as a payment card to do payments for goods & services.
The issuer (banks and institutions) pay for cardholder on the basic of promises that cardholder will payback the amount plus other charges.
Its a credit given by issuer to cardholder, where cardholder can borrow money to pay for good & services or advance cash.

Credit card is one of the financial product which can help cardholder to revolve the money and can easily make himself eligible for other financial services like personal loans, CIBIL.

As economy of India is upgrading itself in financial technology sector. Credit card become more needful card in today's time and social symbol also. Its time to be cashless.

Note: Upgrade knowledge before using it.