Jinfo: Plastic Cash: A History of Money and the Credit Card in America

Plastic Cash: A History of Money and the Credit Card in America
Jinfo Article

30th April 2007

Abstract

Electronic media encompasses the relatively new areas of credit cards, smart cards and other forms of stored value or credit that are now becoming increasingly common. This type of monetary transaction and the technology with which it is associated has created a revolution in how people understand and use money. Credit is now available to the vast majority of Americans on a scale never before seen. Many important issues and problems remain to be resolved in this area of monetary usage, one of the most important of which is determining whom is to control the issuing of credit cards and regulate the amount and terms of the credit given to individuals.

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