What are the advantages of using credit cards as a means of payments?

      

List the advantages of using credit cards as a means of payments.

  

Answers


Maurice
(i) Increases the credit rating of an individual.

(ii) Safer to carry around than cash.

(iii) Enables the holder to get goods and services from specified sellers without paying immediately.

(iv) Convenient to carry around.

(v) Enables the holder to get money from specified banks.
maurice.mutuku answered the question on August 12, 2017 at 06:26


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