Search giant Google has announced that it would debut a credit card – with an initial wave of invitations also issued Wednesday – but the product comes with a significantly narrow focus.
That is because, as discussed by Google vice president of online sales Claire Johnson, the card – which will carry an 8.99% interest rate and is a MasterCard – will be usable only to purchase search advertising on Google.
Thus the name, the AdWords Business credit card. AdWords is Google's name for its lucrative business of selling ads – often to small businesses – that are linked to key words.
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