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Calling cardA calling card refers to the telephone card used for the payment of telephone services. It is also known as telephone card, phone card etc It is a very small card almost in the shape and size of a credit card. There are two methods of payment followed in cards. They are prepaid system and credit system.The credit system works on the same principle of a credit card system. But the exact method of payment depends upon the telecommunication system of a country. However the most common method of payment system in telephone card is pre-paid method. A telephone card with specific balance is purchased and as the calls are made, the cost is deducted from the balance. These kind of pre-paid cards are disposed. They are use and throw. When the balance is nil, they are replaced by new cards. But cards that are purchased online can be refilled. More Glossary Terms Explained here |
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