The bank card is now the most powerful financial instrument that we have, with the biggest reach among the population and the biggest infrastructure in retail and services. Unfortunately, behind it, we find in 2021 the same service from 1958, when Bank of America launched the BankAmericard in Fresno, California, The " buy now, and pay later " concept from American Airlines from 1934 is alive. I want more! The History Edward Bellamy - Looking Backward The concept of using a card for purchases was described in 1887 by Edward Bellamy in his utopian novel Looking Backward. Bellamy used the term credit card eleven times in this novel, although this referred to a card for spending a citizen's dividend from the government, rather than borrowing, making it more similar to a debit card. The first bank cards were ATM cards issued by Barclays in London, in 1967, and by Chemical Bank in Long Island, New York, in 1969. In 1972, Lloyds Bank issued the first bank card to ...
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