Frank McNamara founded Diners Club in 1950. He had nothing but big dreams for the establishment and credit cards. He predicted that someday, restaurants would honor the card across New York. His prediction was accurate. Diners Club became the first multipurpose credit card issuer and was accepted widely by merchants. Roughly 72% of consumers in the US carry a credit card. The credit card idea did not start with Diners Club. McNamara’s idea just improved something that already existed. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/starrynightchill/message Support this podcast: https://anchor.fm/starrynightchill/support