50 years of credit card revolution

Olaposi Olatubosun*

*Corresponding author for this work

Research output: Contribution to specialist publicationArticle


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.
Original languageEnglish
Specialist publicationThe Guardian
Publication statusPublished - 29 Jun 2016
Externally publishedYes


  • Barclays Bank
  • credit card
  • UK


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