Wednesday, 17 January 2024

Women couldn't have their own credit cards until the '70s 😮

When the credit card was introduced in 1950, the American public was already well acquainted with buying on credit.

The Rise of Plastic: A History of Credit Cards

Science & Industry

W hen the credit card was introduced in 1950, the American public was already well acquainted with buying on credit. But the introduction of the Diners Club card, the first modern charge card, made spending even more convenient: Customers could use their club cards at a variety of restaurants, and pay the balance at the end of the month. A cashless approach to consumption began.

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