The Secret History of the Credit Card

In the hidden annals of finance, the credit card's genesis is a captivating tale entwined with intrigue and innovation. In the heart of Brooklyn, New York, a visionary entrepreneur named Frank McNamara witnessed the struggles of his customers at a local gas station. Determined to alleviate their woes, he devised a system where customers could purchase fuel on credit and settle their dues at the month's end. This rudimentary system, known as the "Charg-It" plan, laid the foundation for the modern credit card, revolutionizing consumer spending and ushering in an era of convenience and cashless transactions.

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