FINANCE|monetary economics|money market
- cárta aonchuspóra Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- closed loop card | single purpose card
- en
- Definition a credit card or gift card that a consumer can only use to make purchases from a single company Reference "Investopedia, ""Closed Loop Card"", http://www.investopedia.com/terms/c/closed-loop-card.asp-0 [29.7.2016]"
- Comment A closed loop card, also called a single purpose card, will have the company’s logo on it, indicating where the card can be used, but it will not have the logo of a major payment processor like Visa or MasterCard, and it cannot be used for general purchases.