Prior to credit cards, each merchant needed to consider every buyer’s credit history earlier than extending credit. That task is now carried out by the banks which assume the credit threat. Credit cards also can help in securing a sale particularly if the shopper does not have sufficient money readily available or in a checking account. Extra turnover is generated by the fact that the client should purchase goods and services immediately and is less inhibited by the amount of cash in pocket and the instant state of the shopper’s bank stability. It is now common practice to solely ship…