Present Status of the Credit Card Industry
(4,986 words)

I. Introduction to the Credit Card System

The credit card was born as a means of payment in the United States during the 1920s. At that time, several retailers provided frequent customers with a small metal plate to use as currency for convenience. In 1…

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Chen, Shizhi, “Present Status of the Credit Card Industry”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 18 December 2017 <>

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