No, small and micro businesses (without business license) can use the credit card payment limit of 1000 yuan, but they can't use it after it exceeds 1000 yuan, nor can they use it until the limit is reached. Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is in the form of a card with the name, expiration date, number and cardholder's name printed on the front.