What was the reason behind inventing credit cards?
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The Diners Club Card was the next step in credit cards. According to a representative from Diners Club, the story began in 1949 when a man named Frank McNamara had a business dinner in New York's Major's Cabin Grill. read more
Bloomingdale predicted that credit cards would become more popular than cash. Flickr / MaxVT. A man ahead of his time, Bloomingdale was the one to predict the eventual demise of cash and rise of the credit card:"The day will come when the plastic card will make money obsolete," he said. read more
Source: businessinsider.com
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History of credit cards
www.businessinsider.com
The history of credit cards
www.creditcards.com
The History of the Credit Card
www.nerdwallet.com
Who Invented Credit Cards?
www.thoughtco.com