Who Invented the Credit Card?
Credit cards have been a part of commerce since the late 19th century. Originally, they were used by individual stores in order to keep track of the credit accounts of their customers. A card could only be used at the shop that issued it. They were an...
That was followed by Carte Blanche and in 1958 by American Express which
created a worldwide credit card network (although these were initially charge
A history of credit cards, including the first general use credit card and the first
charge ... The two associations also created international processing systems to ...
Credit is a method of selling goods or services without the buyer having cash in
hand. A credit card is only an automatic way of offering credit to a consumer.
Mar 2, 2015 ... According to the Diner's Club, the idea of the credit card came to Frank
McNamara in 1949 while he was having dinner at a restaurant in New ...
Mar 30, 2015 ... Ah, the ubiquitous credit card. Considering how these little pieces of plastic have
helped to shape the consumer landscape for nearly six ...
Feb 9, 2011 ... The first credit card appeared long before plastic, ATMs, and cash back. The story
begins at the dawn of the 20th century, when people paid for ...
Credit card, small plastic card containing a means of identification, such as a
signature or picture, that authorizes the person named on it to charge goods or ...
The credit card craze started in the mid-20th century and never let up. What will
new changes to the system mean?
Oct 16, 2013 ... In 1946, Jon Biggins of Flatbush National Bank of Brooklyn invented Charge-It,
the first bank credit card between bank customers and ...