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Plastic credit cards. Plastic cards usually serve as identity documents, thus providing authentication.In combination with other assets that complement the data stored on the card, like PIN numbers, they also serve authorization purposes, most often as bank cards for allowing their holders to do financial transactions.
Inventor of the plastic credit card. Stanley Aaron Dashew (September 16, 1916 – April 25, 2013) was an American inventor who developed many devices in diverse industries, but remains best known as one of the founders of the plastic credit card industry during the 1950s. [1] Working alongside Joseph P. Williams, then Vice President of Bank of ...
Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer with a payment terminal and access automated teller machines (ATMs ...
Open your wallet. Take a look at the first credit card you see. Now look closer, past the large bank logo at the holograph, run your fingers over the embossed and silver tipped numbers and letters.
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And many card holders are tempted to keep using their credit cards to earn rewards or cover expenses even as they carry a balance. In fact, 67 percent of Americans with credit card debt still ...
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