Yes

1985 was the initial stage of bank cards in the early 1990s, and 1996 was the independent development stage of bank cards in large and medium-sized cities. At this stage, the Gold Card Project started. Since 200 1, it has been a stage of in-depth development of bank card networking in China, and the number of bank cards issued by various banking institutions in China has increased rapidly. Bank card refers to a credit payment tool issued by commercial banks, including postal financial institutions, with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc.

In what year did China start issuing credit cards?

1979 10 month.

In the late 1970s, Zhang was in charge of international business in China Bank. He first heard the word "credit card" and asked his foreign counterparts for advice. After nearly a month's investigation, he wrote a report entitled "The Origin of Credit Cards" and handed it to his superiors.

After careful market research, Bank of China decided to launch credit cards. During 1979, Guangdong Branch of Bank of China took the lead in signing an agreement with foreign banks to handle credit card business.

Extended data:

1Feb. 987, Zhuhai Branch of Bank of China took the lead in launching ATM service in China, breaking the traditional practice that domestic deposits and withdrawals must go to banks.

1987 In March, the Bank of China joined mastercard international and became the first member of the organization in China. International payment organizations began to enter the China card market.

1June, 1988, Bank of China issued the Great Wall MasterCard Foreign Exchange Card (International Card), which can be used by more than 1000 merchants in more than 200 countries and regions, and China credit card began to truly go global.