Diners Club International (DCI), founded as Diners Club, is a charge card
company formed in 1950 by Frank X. McNamara, Ralph Schneider, and Matty
Simmons. It was the first independent credit card co...
However, restaurants did not have any card system in place, only credit accounts
for regular customers. That was until Frank McNamara came up with the idea ...
Jun 15, 2016 ... When the bill arrived, Frank realized he'd forgotten his wallet. ... McNamara and
his partner, Ralph Schneider, returned to Major's Cabin Grill in .... See related:
Prototype credit card goes up for auction, Point-of-sale pioneer looks back,
Magnetic stripe begins its farewell tour ... Did you like this story?
In 1949, businessman Frank McNamara forgot his wallet while dining out at a ...
In the 1950s, Diners Club led the way in credit card innovation by introducing a ...
Mar 2, 2015 ... According to the Diner's Club, the idea of the credit card came to Frank
McNamara in 1949 while he was having dinner at a restaurant in New ...
Feb 9, 2011 ... To retrace the history of the credit card, we have to begin at the dawn of ... of a
credit card, where you can charge purchases at many different stores, did ... A
man named Frank X. McNamara, the head of the Hamilton Credit ...
Jul 25, 2014 ... Although a number of individual businesses offered credit cards as early as the
1920s, a businessman named Frank McNamara (along with partner Ralph
Schneider) is credited with starting their widespread use when he came up with
the idea of the ... Did Architect Frank Lloyd Wright Invent Lincoln Logs?
Credit cards are now an everyday part of life for so many of us, but where did it all
... To start, we go back to the early 20th century, round about the same time ...
Frank McNamara and Ralph Schneider issued the first Diners Club card in 1950.
Sep 22, 2008 ... Credit Cards In the 1800s, you could pick your poison if you needed money: ... in
the development of credit cards started with Frank McNamara, a New ... so
starting in the first century CE, banks issued letters of credit through a ...
The credit card that allows them to do this is a twentieth century invention. ... In
1949, Frank X McNamara, head of the Hamilton Credit Corporation, went out to ...