50 years of credit card revolution

Olaposi Olatubosun

50 years of credit card revolution

Olaposi Olatubosun^*

^*Corresponding author for this work

Research output: Contribution to specialist publication › Article

Abstract

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 language	English
Specialist publication	The Guardian
Publication status	Published - 29 Jun 2016
Externally published	Yes

Keywords

Barclays Bank
credit card
UK

Access to Document

https://guardian.ng/opinion/50-years-of-credit-card-revolution/

Cite this

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KW - Barclays Bank

KW - credit card

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50 years of credit card revolution

Abstract

Keywords

Access to Document

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Cite this