This year marks the 50th anniversary of the introduction of credit card – a banking innovation and revolutionary product which allows consumers to buy with monies they had not yet earned and pay later. The introduction in the UK, which was a refinement of the travel and entertainment card hitherto operated in the USA in the late 1950s, was a watershed in the UK banking system approach to consumer credit sales and administration.
|Specialist publication||The Guardian|
|Publication status||Published - 29 Jun 2016|
- Barclays Bank
- credit card