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 ...
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?
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 ...
... 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
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?
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
Early charge cards did not possess the key feature of modern credit cards: ...
head of Hamilton Credit Corporation, Frank McNamara, and McNamara's
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 ...
May 7, 2007 ... The official history of credit cards begins in 1951, with the distribution of ... In
these civilizations, buyers who did not have the necessary hard money to ... In
1950, Frank McNamara, founder of the Diner's Club, issued the first ...