Credit Card

Credit Card

The use of credit cards

Credit Card

The use of credit cards originated in the United States during the 1920s, when individual firms, such as oil companies and hotel chains, began issuing them to customers for purchases made at company outlets.
The first universal credit card, which could be used at a variety of establishments, was introduced by the Diners’ Club, Inc., in 1950.
Another major card of this type, known as a travel and entertainment card, was established by the American Express Company in 1958.
Source: Britannice