Lateral with Tom Scott cover image

44: TV directing in reverse

Lateral with Tom Scott

00:00

The Diners Club Credit Card

Frank McNamara came up with the idea of a credit identification card that you could present instead of cash. He called it the Diners Club card and that eventually grew into the credit card, which is now at about a hundred billion dollars. The story goes like a lot of these corporate birth stories. There might be something more to it, but that's the legend that got passed out right?

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