Unit 5 Credit cards and traveler’s cheques.ppt

Unit 5 Credit cards and traveler’s cheques Unit contents The advantages of credit cards for the holder The use of credit cards for making payment Types of credit cards: comparing a Eurocard with a US credit card A credit card application form Marketing credit cards The use and advantages of travelers cheques Comparing suitable means of making payments abroad Dealing with telephone enquiries eg about a lost credit card Means of payment in e-commerce Security of payment on the web Teaching Aims The terminology and expressions required for helping and advising visitors from abroad or customers who plan to travel abroad in questions of payment Background information Eurocard: credit card system run by German banks. Features of Eurocard: once a month the bank debits the card holder’s current account with the total of all the Eurocard payments made within that month. Until that time, the debit balance is interest-free. About traveller’s cheques: Though tather old-fashioned, traveller’s cheques continue to be used because of their safety: the user has to countersign in the presence of the paying agent and show his or her passport, which protects them from misuse. If lost or stolen they will be fully refunded or replaced. As they are paid for in advance, the holder knows how much the costs will be. Lead-in Explain this cartoon Eurocheque cards are not generally accepted outside Europe for payment although some ATMs may them. Therefore the travellers in Mexico are running away without paying their hotel bill and the Mexicans are trying to stop them. Different ways of payments abroad: euros, foreign currencies, ec cards, travelers cheques and credit cards On Her Majesty’s Service Words and expressions take over: assume control of, succeed to the management of 接管 Eg. 格林先生退休后，他的儿子接管他的生意。 When Mr.Green retired, his son took over the business from him. Ammunition: military stores, esp of explosives to be used against the enemy 军火，弹药 Eg. 他靠秘密军火交易发了财。 He made his fortune from th