• The Numbers Game: How credit cards were born

  • Apr 17 2025
  • Length: 4 mins
  • Podcast

The Numbers Game: How credit cards were born

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  • Summary

  • The story of the credit card began in 1950, when business executive Frank McNamara had an unexpected moment of realization after forgetting his wallet during a dinner with clients.

    This simple mistake led to the creation of the Diners Club card, the first modern credit card, which allowed users to buy now, pay later.

    See omnystudio.com/listener for privacy information.
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