Credit Card History

  • Beginning Of The Credit Card History

    In the United States Frank Mcnamara was a club founder and introduced the credit card to the club.
  • 1958-1959

    1958-1959 the credit card was now made in the colour purple and was once again used for travel.
  • Early 1960's

    Early 1960's the credit card were advertised more as a time saving card that is easy to use on the go.
  • Mid 70's

    The U.S. congress began to banned the credit card because people who hadn't purchased one were using it.
  • 1990

    1990 companies had now made the credit card an all purpose card meaning that, it was now meant for more than just travel.
  • 2006

    In 2006 Great Britain and Turkey had discovered the Mastercard's Pay Pass.
  • 2007

    In 2007 Pay Pass and Pay-Wave was introduced around the globe.
  • 2013

    In 2013 credit cards have grown.
    Reserve Bank Australia have shown that the nuber of credit card accounts have risen 6.548 million in May 1944 to 15.410 million July 2013.