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McNamara and his attorney, Ralph Schneider, founded Diners Club International on February 8, 1950, with $1.5 million in initial capital. Alfred Bloomingdale joined briefly, then started a competing venture in California before merging his California-based Dine and Sign with Diners Club.
Dec 31, 2009 · Learn how Ralph Schneider, a partner of Frank McNamara, helped create the world's first multipurpose charge card in 1950. Discover the history and innovation of Diners Club, from its cardboard card to its Club Rewards program.
Feb 15, 2017 · February 15, 2017. When Matty Simmons first heard about multipurpose credit cards in 1950, he wasn’t impressed. At the time, Frank McNamara, who came up with the idea, and Ralph Schneider, his...
Ralph E. Schneider, founder and board chairman of the Diners' Club, died last night in his residence at the Pierre Hotel, He was 55 years old. When Mr. Schneider in 1950 hit upon the idea of...
Ralph Schneider was a partner of Frank McNamara, who invented the first charge card in 1950. Learn how they started Diners Club and how it evolved over the decades.
Oct 23, 2014 · The singer Patti Page and the Diners Club president, Ralph Schneider, cut the ribbon for the official opening of the Diners Club exhibit at the 1964 New York World's Fair. The Diners Club...
A year later in February 1950, he returned to Major’s Cabin Grill with his partner Ralph Schneider. When the bill arrived, McNamara paid with a small cardboard card, known today as a Diners Club Card.
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