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Diners Club International


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...

Invention - Frank McNamera and the Credit Card


However, restaurants did not have any card system in place, only credit accounts for regular customers.[1] That was until Frank McNamara came up with the idea ...

The history of credit cards - CreditCards.com


The first bank card, named "Charg-It," was introduced in 1946 by John Biggins, ... According to a representative from Diners Club, the story began in 1949 when a man named Frank McNamara had a business dinner .... Did you like this story?

The History of the Credit Card - NerdWallet


Feb 9, 2011 ... To retrace the history of the credit card, we have to begin at the dawn of the ... credit card, where you can charge purchases at many different stores, did not ... A man named Frank X. McNamara, the head of the Hamilton Credit ...

How Credit Cards Built A Plastic Empire | Investopedia


A decade before Mastercard or Visa existed, the first credit card company was ... ( To begin with the basics, see Credit, Debit And Charge: Sizing Up The Cards ... for most people to purchase goods even though consumer credit did exist. ... It was created in 1949 by Frank X. McNamara, head of Hamilton Credit Corporation .

When Was The First Credit Card Made? | Credit Card Finder


... card to buy services and products, but where did this all start and what was the first credit card? The first credit card in Australia was actually the Bankcard – but due to ... In 1949 the head of the Hamilton Credit Corporation, Frank X. McNamara, ... to his attorney and Bloomingdale, which led to the start of the Diners Club.

Fact or Fiction: Inventor of Credit Cards Died Penniless? - Biography ...


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 Facts, information, pictures | Encyclopedia.com articles ...


Early charge cards did not possess the key feature of modern credit cards: ... head of Hamilton Credit Corporation, Frank McNamara, and McNamara's attorney, ...

Frank McNamara: the Man, the Myth, the Card. on Vimeo


Jun 24, 2010 ... A documentary about the man who invented something we use nearly everyday and the impact he had on our daily lives. This was a project my ...

The Origins of Credit Cards, Checks, Coins and Bills | Mental Floss


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 ...

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The Story Behind the Card - Diners Club


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 ...

The History of the Credit Card - 20th Century History - About.com


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 ...

History of credit cards - Business Insider


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 ...