Al-Balqa Journal for Research and Studies

Published by: Deanship of Scientific Research, Al-Ahliyya Amman University

ISSN (Print Version): 1684-0615, ISSN (Online Version): 2616-2814

Open Access Journal

Credit Cards – Operations and Legal Frame Work


Volume 3, Issue No 1, 1995

Pages: 13 - 76

Number of Views:



Abstract

Doubtless everyone have heard of the credit cards but few know how they put into the business market and designed technically, legally and operational to become the master of the consumers market in most countries. This study is highlighting on the development of credit cards in the mid of this century and their extension from the American market to other markets, also this study covers the operations of the credit cards, their kinds – debit cards credit cards – the companies and banks issuing them, the way a consumer can get a credit card and the costs of the different kinds of credit card. On the other hands this study is dealing with the legal aspects of credit card, i.e. the legal nature of the credit cards system, the relation nature of the credit cards system, the relations between the issuer of the credit card and the card holder in one side and the merchant in the other side. The study also includes the legal protection to the consumers as well as the legal protection to the issuer of the credit card.



Keywords

Credit Cards - Legal aspect - Legal Protection.


Subjects


Citation

Al-Oteer, A.

  (1995).

  Credit Cards – Operations and Legal Frame Work.

  Al-Balqa Journal for Research and Studies,

  3

(1),

  13-

76.