In Indonesia, a credit card is defined by a payment instrument that provides with deferred payments when purchasing a good at an Indonesian shop and is issued by credit card companies in favor or Indonesian consumers.
In Indonesia, the credit card became the main payment tool for Indonesian individuals and Indonesian entrepreneurs replacing the use of cash in the country and providing with several types of credit cards including prepaid cards.
An Indonesian, a credit card allows a consumer to borrow money from and Indonesian bank to make purchases, whether a sandwich or an airline ticket. The advantage of an Indonesian credit card is to pay back the borrowed money within a grace period of one month.
In Indonesia, credit cards are used for many reasons as they can be used to make purchases when cash is not ready, to be an alternative to a costly loan facility and also often to earn rewards and cashback when an Indonesian credit card owner makes purchases.
PERSONAL LOAN MORTGAGE CAR LOAN STUDENT LOAN LOAN COMPARATOR P2P LOAN LOAN APP CROWDFUNDING MICROFINANCE CREDIT CARD PAYDAY LOAN PAWNSHOP LOAN LOAN SHARK ISLAMIC LOAN LEASING BAD CREDIT MOTORCYCLE LOAN LOAN CALCULATOR LIST OF P2P LENDERS WITHOUT INTEREST LOAN FOR FOREIGNER NO CREDIT CHECK LIST OF BANKS