Consumer credit cards were developed in the years following World War II.

Name: Consumer credit cards were developed in the years following World War II.
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Consumer credit cards were first introduced in the 1950s, after World War II. Diners Club was the first company to offer a credit card for travel and entertainment expenses in 1950, followed by American Express in 1958 and Bank of America in 1959 with the launch of its BankAmericard (now Visa).

Consumer Credit Cards Were Developed in the Years Following World