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Credit Card Brief HistoryThe use of credit can be traced back to Assyria, Babylon and Egypt 3000 years ago. Based on Britannica Encyclopedia shows that the use of credit card starts in the US since 1920's. It is only until 1938 that the use of credit card involving a third party being introduced. That system still being used at present day.The IssuerAmerican Express is known as one of the earliest credit card...... Similar Editorial : Credit Card vs by James H. Dimmitt. | Source : Merchant Credit Card Rate