How Do Credit Card Companies Earn Money? | The Reality of Credit Cards in Tamil | Yuvarani

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00:00 – 00 :55 – Introduction
00:56 – 02:40 – Debit Card vs Credit Card
02:41 – 04:39 – Minimum Amount vs Outstanding Amount
04:40 – 05:43 – Benefits of Credit Card
05:44 – 09:19 – How Credit Card Companies Earn Money
09:20 -14:33 – Integrated System

How Do Credit Card Companies Earn Money? | The Reality of Credit Cards in Tamil | Yuvarani

In this video, we delve into the mechanisms through which credit card companies generate revenue. From interest charges on outstanding balances to annual fees and transaction fees imposed on merchants, we uncover the various strategies that contribute to their profitability. Understanding these methods helps illuminate the financial dynamics behind credit card operations and their impact on consumers and businesses alike.

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DISCLAIMER
We are not SEBI Registered and this video is for educational purposes only and should not be considered as financial advice or an endorsement of specific investments. It is essential to conduct thorough research before making any investment decisions.