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1|
guarantees payment to merchants.
2| no returned cheques.
3|
helps to consolidate current level of business and prospect increased turnover.
4| allows the customer to spend for larger amounts than cash in
hand.
5| reduces risk of handling cash as bank account is credited with proceed from card sales.
6| allows merchants to effect sales on credit without incurring
the costs and risk of granting such credit.
7| benefits from advertisement during credit card campaigns.
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