BANKING SOLUTIONS - BANK VOICE - NATURAL READ - ARTICULATE - PROFESSIONAL - BUSINESS - EXPLAINER VIDEO - INFORMATIVE
Top Talent
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
North American (General) North American (US General American - GenAM) North American (US Midwest- Chicago, Great Lakes)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
in 1959 credit cards were first introduced to the public by American Express. Credit cards were revolutionary Tool that offered a new way for customers to pay without the burden of carrying cash on hand or in the bank. Now, credit transactions or cash list transactions have become the leading form of payment in modern society. In 2016 there was a record $4.8 trillion of cash list payment transactions in the United States. This amount is expected to grow to over $9.7 trillion by 2025. So how do cash list payments work every time someone swipes their credit card or other cash list payment method Transaction is processed through a payment network made up of a payment processor card issuer, issuing bank and Federal Reserve. And every time this happens, a transaction fee is charged and paid back through the network, with the average fee between 2 to 3%.