Medi Assist Healthcare IPO
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Balance transfer is a term used in the financial world to describe the process of transferring unpaid credit card dues from one issuer to another. This practice is commonly employed by card issuers to attract customers from their competitors and retain their existing customers. In order to entice customers, card issuers often offer lower interest rates and convenient payment options. This not only benefits the customers, but also helps the issuers maintain a loyal customer base.
