10 Questions
Who is credited with the invention of the credit card?
Frank McNamara
Which year did the invention of the credit card take place?
1949
What was the name of the first credit card?
Diner's Club Card
Why did Frank McNamara come up with the idea for the credit card?
He forgot his wallet and wanted a solution to spending limitations
In what city did Frank McNamara use the first credit card?
New York
Which company introduced the first credit card?
American Express
What was the reason behind the invention of the credit card?
To provide a convenient way to pay for goods and services
What was the initial reaction to the idea of credit cards?
People were skeptical and reluctant to use them
What event is known as the 'First' in the credit card industry?
The introduction of the Diner's Club Card
What made a world without credit cards inconceivable in the 1950s?
The economic impracticality of cash-only transactions
Test your knowledge about the history and significance of credit cards in this quiz! From their origins to their global impact, discover how credit cards have revolutionized the way we make transactions. Challenge yourself with questions about key figures, important milestones, and the evolution of this indispensable financial tool.
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