Credit Card Company
A credit card company is a company that owns or is licensed to use a credit card brand. The companies issue credit cards that can be used by cardholders for cashless payment transactions. Depending on the type of card and the individual financial situation, the customer may be granted a credit line by the credit card company, which may include a deferral of payment for several weeks.
The major credit card companies
There are only a few major credit card companies that are widespread in Germany. According to IfD Allensbach, the credit card company Visa had the largest market share in Germany in 2012 with 10.47 million credit card users. Mastercard followed with 9.94 million customers.
