Credit Card Issuing

This industry comprises establishments primarily engaged in providing credit by issuing credit cards. Credit card issuance provides the funds required to purchase goods and services in return for payment of the full balance or payments on an installment basis. Credit card banks are included in this industry.

Factoring accounts receivables--are classified in U.S. Industry 522299, International, Secondary Market, and All Other Nondepository Credit Intermediation; and Issuing cards that contain a stored pre-paid value--are classified with the industry providing the service represented by the cards, such as transit fare cards in Subsector 482, Rail Transportation, and long-distance telephone cards in Subsector 517, Telecommunications.