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McNamara and his attorney, Ralph Schneider, founded Diners Club International on February 8, 1950, [16] with $1.5 million in initial capital. [8] . Alfred Bloomingdale joined briefly, then started a competing venture in California before merging his California-based Dine and Sign with Diners Club. [12] .
Feb 15, 2017 · Ralph Schneider, who ran Diners Club for years after McNamara’s departure, died in 1964.
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.
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.
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.
Feb 26, 2024 · He discussed the concept with his lawyer, Ralph Schneider, and friend, Alfred Bloomingdale. In 1950, they launched the Diners Club Card, initially designed to pay restaurant bills. The card, made of cardboard, was accepted at 14 New York City restaurants.
