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Historydraft
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Historydraft Logo
Historydraft
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Visa Inc.

Typical middle-class American already maintained revolving credit accounts with several different merchants

1950s
U.S.

By the mid-1950s, the typical middle-class American already maintained revolving credit accounts with several different merchants, which was clearly inefficient and inconvenient due to the need to carry so many cards and pay so many separate bills each month.


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