A credit card issuer is an unsecured creditor that makes money by charging and collecting fees for transactions made with a credit card.
The credit card issuer is the one who grants credit to the consumer based on the holder's market credibility. He is an unsecured creditor because no collateral can be recovered if the cardholder defaults.
The following are some of the ways that card issuers make money from their cards:
As a result, the methods through which a credit card issuer or company earns money is in the ways as aforementioned above.
Learn more about credit card issuer here:
brainly.com/question/1160037
Answer:
Credit card companies make money on their cards by charging banks a fee to issue their cards. They also charge merchants to accept their credit cards when customers use them to pay for products and services. Credit card issuers are financial institutions that establish credit accounts for their customers and provide them with a pre-approved credit limit.
Explanation:
its the sample response
