Over the last 40 years since their first introduction, credit cards have rapidly become one of the most used methods of payment for goods and services. This summer it is predicted that in the UK there will be a 35 percent increase in spending using plastic between the months of July and September compared with the same period last year. Many financial analysts believe that as soon as online shopping carts and credit cards can effectively process micro payments then cash is set to rapidly become a thing of the past.