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It enjoyed a monopoly of the credit card market in the United Kingdom until the introduction of the Access Card in October 1972. [4] Barclays was not the first issuer of a credit card in the United Kingdom though; Diners Club and American Express launched their charge cards in 1962 and 1963 respectively.
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Cover of Cabbages and Kings (1904 edition). In the 20th century, American writer O. Henry (William Sydney Porter, 1862–1910) coined the term banana republic to describe the fictional Republic of Anchuria in the book Cabbages and Kings (1904), [1] a collection of thematically related short stories inspired by his experiences in Honduras, whose economy was heavily dependent on the export of ...
The Chicago metropolitan area – also known as "Chicagoland" – is the metropolitan area associated with the city of Chicago, Illinois, and its suburbs. [2] With an estimated population of 9.4 million people, [ 3 ] it is the third largest metropolitan area in the United States [ 4 ] and the region most connected to the city through geographic ...
Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. [4] Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. [5] James Barclay became a partner in the business in 1736.
The chip in the card contained risk management logic that prompted the cardholder to revert to a normal (contact) chip and PIN transaction from time to time for security. The standard consumer protections associated with credit cards also applied to contactless transactions, so the consumer was protected in the event of unauthorised use of ...