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Diners Club International (DCI), founded as Diners Club, is a charge card company owned by Discover Financial Services.Formed in 1950 by Frank X. McNamara, Ralph Schneider (1909–1964), [3] Matty Simmons, and Alfred S. Bloomingdale, it was the first independent payment card company in the world, successfully establishing the financial card service of issuing travel and entertainment (T&E ...
The concept of customers paying different merchants using the same card was expanded in 1950 by Ralph Schneider and Frank McNamara, founders of Diners Club, to consolidate multiple cards. The Diners Club, which was created partially through a merger with Dine and Sign, produced the first "general purpose" charge card and required the entire ...
enRoute card. enRoute was a credit card issued by Air Canada until 1992, when the airline sold its credit card division to Diners Club . The card was developed only for Air Canada transactions, but over time, the card was expanded into a more general credit card for business travellers, being accepted by hotels, restaurants, and other merchants.
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Alfred Schiffer Bloomingdale (April 15, 1916 – August 23, 1982) was an American businessman who launched the credit card business Dine and Sign, was chairman of Diners Club, and became known as "father of the credit card." He was an heir to the Bloomingdale's department store fortune and the lover of murdered mistress Vicki Morgan.
Diners Club; Discover; UnionPay: Discover (Credit cards) Pulse (Debit cards) JCB (Japan Only) BC Card (South Korea Only) RuPay (India only) As of November 1, 2007, UnionPay cards may be accepted where Discover Network cards are accepted in the United States, Canada, Mexico, Central America and the Caribbean.
Martin Gerald "Matty" Simmons[ 1] (October 3, 1926 – April 29, 2020) was an American film and television producer, newspaper reporter for the New York World-Telegram and Sun, and Executive Vice President of Diners Club, the first credit card company. [ 2] Simmons gained his greatest fame while serving as the chief executive officer of Twenty ...
Card schemes are payment networks linked to payment cards, such as debit or credit cards, of which a bank or any other eligible financial institution can become a member. By becoming a member of gets the possibility to issue cards or acquire merchants operating on the network of that card scheme. [ 1][ 2] UnionPay, Visa and MasterCard are three ...