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Invented by Frank McNamara, who gave his card to 200 customers for that could be used in 27 restaurants in New York, from where came the appointment of Diners' Club. In 1958 American Express introduced its version of a credit card universal. In the 50 was introduced another type of card, credit card bank. In 1958 the Bank of Americas issued the BankAmerica (now Visa). In 1966 a group of banks formed what is now known as MasterCard International. The credit card was the primary tool that fired consumerism international and gave the consumer the opportunity to acquire goods and services without cash at the time, but was incorporated into a financial trap for an entire social class, which led to a number of personal bankruptcies unprecedented.
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Invented by Frank McNamara, who gave his card to 200 customers for that could be used in 27 restaurants in New York, from where came the appointment of Diners' Club. In 1958 American Express introduced its version of a credit card universal. In the 50 was introduced another type of card, credit card bank. In 1958 the Bank of Americas issued the BankAmerica (now Visa). In 1966 a group of banks formed what is now known as MasterCard International. The credit card was the primary tool that fired consumerism international and gave the consumer the opportunity to acquire goods and services without cash at the time, but was incorporated into a financial trap for an entire social class, which led to a number of personal bankruptcies unprecedented.
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