Which service allows banks to issue cash loans via credit cards?

The correct choice is Cash Advances, which specifically refers to a service that enables banks to offer cash loans to customers using their credit cards. This service allows cardholders to withdraw cash up to a certain limit, which is often a percentage of their overall credit limit. The amount withdrawn typically incurs interest charges and may also involve additional fees.

This option stands out because it directly relates to the process of obtaining cash through a credit card, which can be useful for individuals needing immediate funds without going through a traditional loan application process. Cash advances are a flexible solution, but it’s important for users to understand the high-interest rates and fees associated with them.

The other options do not pertain to cash loans via credit cards. A payment gateway is designed for processing online payments and does not facilitate cash withdrawals. Check conversion refers to electronically processing checks into ACH transactions, which is unrelated to cash loan services. Virtual terminals allow merchants to process credit card transactions, mainly focusing on sales rather than cash advances.