Credit Cards

The process of issuing a credit card is supported by Quipu Core Banking and enables financial institutions to use these cards as a short-term financing. This credit facility makes it possible for financial institutions to give to the cardholders the option to borrow funds against the interest payment.

Charge Cards

For non-revolving cards, the total amount accumulated via credit card operations must be repaid within a defined period of time in order to avoid paying interest. A percentage of the amount due must be paid in order to continue using the charge card.

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Revolving Cards

There is no fixed schedule for the repayment of revolving credit cards. However, payments must be made on a periodic basis.

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Cards on Instalment

Cards on instalment provide the financial flexibility to split the card bill into partial payments and repay in instalments.

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Credit Cards

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