Credit Card and Debit Card

Credit cards and debit cards (ATM cards) has increased the purchasing power of consumers. In the past banks are closed on weekends and when you need cash or check with identification documents in order to conduct transactions. That was before plastic was invented. Now credit cards and debit cards are accepted almost all places, without the need to carry cash or write a check.

Credit cards were first used in 1950 and called Dinner Card (meal card). These cards (mostly owned by the wealthy) can only be used (with a letter of credit from a bank) in the group selected by the restaurant. What began as a luxury in which only certain circles that could use it and has now turned into a global phenomenon.
Debit cards do not appear until 1970, and in recent years has become popular. Today the majority of the people of Indonesia have brought credit and credit or debit card and has become the preferred way to make payments. Now consumers are using credit cards or debit cards to buy anything under the sun, ranging from furniture, electronics, etc..

Another reason why consumers choose to use a credit card or debit card is the presence of additional protection (no need to carry cash anymore) and be able to specify everything easily at the end of the month and that makes a credit card or debit card is quite interesting is the fact that consumers can make purchases anytime and anywhere without having to worry about banking days.

Indeed, credit cards and debit cards is outstanding and has opened up a new world for us, but we have to use these cards responsibly. It's okay to do all transactions by credit card as long as you pay it off every month.

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