What was the name of the original credit card company?

Answer 1

Diners Club

Answer 2

Diner's Club:

Though the concept of credit has existed longer even than money, charge accounts became popular in the early twentieth century. With the invention and growing popularity of automobiles and airplanes, people now had the option to travel to a variety of stores for their shopping needs. In an effort to capture customer loyalty, various department stores and gas stations began to offer charge accounts for their customers which could be accessed by a card.

Unfortunately, people needed to bring dozens of these cards with them if they were to do a day of shopping. McNamara had the idea of needing only one credit card.

McNamara discussed the idea with Bloomingdale and Sneider and the three pooled some money and started a new company in 1950 which they called the Diners Club. The Diners Club was going to be a middleman. Instead of individual companies offering credit to their own customers (whom they would bill later), the Diners Club was going to offer credit to individuals for many companies (then bill the customers and pay the companies).

Answer 3

I don't know about the original, but if nobody gives you a better answer, VISA started out as "Bank Americard" in the 1960's or maybe earlier. I had one in 1968 and they had been around for a while. Diners Club dates back to that era also.

Answer 4

Diners Club

Answer 5

Mastercard

Answer 6

Sears Roebuck?


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Answer 7

it was either visa or emerge then came master card.