Credit cards, advantages and responsibilities
The credit cards are the current heyday since not only it surrounds us throughout but also, most of the people manage with them. These at the same time turn out to be a credit instrument as also a factor that is in charge of multiplying the sales, and for it also there increases the work, the wealth and the industrial production. By means of the credit cards the consumer has the opportunity to simplify in a considerable way his operations since the credit card replaces to the payment with cash and in turn, it represents an important credit tool since it differs in the fulfillment of the monetary obligations and in general it is needed to realize a previous provision to the funds. It is habitual that the people associate the credit cards with the card of plastic that in his back possesses a magnetic tape, and it is precisely the one that allows us to gain access to the payment options for the product or the acquired service.
Nevertheless, the credit card is much more than a simple card of plastic; the same one implies a responsibility with regard to the juridical relations. For a clearer definition we will say that the credit cards are an instrument that does not give the possibility of choosing the fulfillment of our monetary obligations without the need to offer funds to the organization that assumes the debt, be already these banks or companies that have relation with the financial system. If we speak a little about the history of the credit cards, we cannot ignore that the existing positions are great with regard to his emergence.
Many people known about the topic affirm that the credit cards were created in the United States being this one product of the idea of an economically very strong club where his associates you were using cards to pay his demurrage, and the same age recharged in a monthly account sent to his house; on the other hand many others affirm that the credit cards had his origin in Europe. Anyway most of the these people in accordance with whom the credit cards were born with the card of North American Diner's Club and from there it began to spread all over the world. The credit cards begun to be used in many states of North America like cards that were serving to obtain accommodation in certain hotels, and newly in the year 1929 the company petrol station Esso began to express credit cards so that thus his products could be acquired with the same system of loading the expenses on an account and sending it per month to the client. But further on, many railroad companies began to do credit cards delivery and this way of to little this custom began propagating for all big, medians and small-scale enterprises.
 In the Close states there are known some credit acts that later were taken several countries; for example, we have “Rhe Consumer Card” that are those credit cards destined to buy certain goods; “All Purpose Credit Card” that are the credit cards that are used for the acquisition of any type of good or service; “Credit and entertainment card” is that that it is possible to use on a global scale and "Change Account" known as the credit cards who take charge of the opening of diverse credits.
History of the credit card
In the year 1949 the card Diner's Club was founded in the beginning to use it as a payments way in diverse restaurants affiliated to the same one, but a few years later, it began to spread and to be used for the buy of any good or service, grouping this way million clients and companies that gave him a big world diffusion.
The second credit card that appeared on the market was American Express, and it was there where the banks began to devote themselves to the credit emission; soon it was understood that the profitability was in function to the clients' mass and they began to form bank associations that were in charge of spreading the same credit card; from there the card Bankeamericard was born. Newly in the middle of the decade of '60, began to appear the credit cards in countries like Spain, n this case was the credit card 4B the first one, and it was endorsed by the American Hispanic bank, Santander, and the bank Banesto. For May of the year' 70 was already calculating that there were more than 8.000.000 of credit cards the used ones by the people, being something like 300 cards for every thousand inhabitants. At present the credit cards with more extensions are the card Visa, Diner's Club, American Express and the Master's degree Card. Finally we can mention that at present, countries as France and Italy are expressing credit cards that possess a microchip that integrates a protection system that he helps to avoid that the card is violated or read without the authorization of the holder, nevertheless, these credit cards they still do not reach the level that his creators he would wish since there are very little countries that implemented it. |
