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Thursday, May 24th 2012
Credit Card Glossary

Credit Card Glossary: Terms and Definitions

Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.
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Discover Card
Discover, the newest of the payment card brands, formed in 1986. Company now has more than 50 million card members, but is the smallest of the four payment brands in terms of market share. Discover Card's payment networks -- Discover Network and PULSE -- together processed more than 3 billion transactions in 2006. Like American Express, but unlike Visa and MasterCard, Discover acts both as a card-issuing bank and as a transaction processing network.
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