The Ascent of Plastic Money
International Adoption of the Bank Credit Card, 1950–1975
Bibliographic Data
| ID | 9623968 |
|---|---|
| Authors | Bernardo Batiz-Lazo (0000-0001-7113-3386, Beal College, corresponding author), Gustavo A Del Angel (Centro de Investigación y Docencia Económicas) |
| Year | 2018 |
| Volume | 92 |
| Issue | 3 |
| Pages | 509-533 |
| Publication date | 2018-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Business History Review (JOURNAL) |
| Journal identifiers | ISSN: 0007-6805 • E-ISSN: 2044-768X |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0007680518000752 |
| OpenAlex | W2892087566 |
| Language | EN |
| Citations received | 5 |
| References cited | 28 |
This article studies the genesis and early international expansion of the bank-issued credit card—an American innovation that quickly took hold in western Europe. Empirical evidence undermines the proposition of a single firm building a proprietary network. In fact, it was a constellation of participants that combined three characteristics, namely, a critical mass of both retail customers and retail merchants; the capacity to implement new technological solutions; and the ability to forge resilient collaborations across national borders. The evidence supports the value of collaboration in retail financial services as means of appropriating network externalities. Moreover, other conceptual and empirical studies, especially those based on two-sided markets, neglect the greater implications that initial conditions in this industry have on long-term success
Business · Commerce · Core (optical fiber · Credit card · Economics · Empirical evidence · Externality · Microeconomics · Neglect · Retail banking · Art History and Market Analysis · Business Strategy and Innovation · Digital Platforms and Economics · Finance · Marketing
Expressing America
The Anthropology of Money
How Would You Like to Pay?
Debtor Nation
The role of the state and the hierarchy of money
Competition in two-sided markets
Two-sided markets
The Engine of Enterprise
Carry Your Credit in Your Pocket’
Charge Account Banking
Oligopolio y competencia en la banca española del siglo XX
Strategic Maneuvering and Mass-Market Dynamics
Citibank, Credit Cards, and the Local Politics of National Consumer Finance, 1968–1991
The Birth of Joint-Stock Banking
The “Everything Card” and Consumer Credit in the United States in the 1960s
How far does the apple fall from the tree? The size of English bank branch networks in the nineteenth century
Hofstede's Model of National Cultural Differences and their Consequences
Payment
Bridges to cash
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,19 |
| Citation span | 2000 - 2025 (26) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |