Diners Club International

Diners Club International
Company typeSubsidiary of Discover Financial
IndustryFinance
FoundedFebruary 8, 1950 (1950-02-08)
FounderFrank X. McNamara
Ralph Schneider
Matty Simmons
Alfred S. Bloomingdale
Headquarters,
Area served
Worldwide
Key people
Eduardo Tobon
(President & CEO)[1]
ProductsCharge and Credit cards
ParentDiscover Financial (Global)
Bank of Montreal (North American operations)[2]
Websitedinersclub.com

Diners Club International (DCI), founded as Diners Club, is a charge card company owned by Discover Financial Services. Formed in 1950 by Frank X. McNamara, Ralph Schneider (1909–1964),[3] Matty Simmons, and Alfred S. Bloomingdale, it was the first independent payment card company in the world, successfully establishing the financial service of issuing travel and entertainment (T&E) credit cards as a viable business.[4] Diners Club International and its franchises serve individuals from around the world with operations in 59 countries.[5]

  1. ^ "Believe Belong Blog". Diners Club International. Archived from the original on May 2, 2016. Retrieved June 30, 2013.
  2. ^ BMO Financial Group (November 24, 2009). "BMO Financial Group Announces Agreement to Acquire the Diners Club North American Franchise From Citigroup". Canada NewsWire (Press release).
  3. ^ https://www.nytimes.com/1964/11/03/archives/ralph-e-schneider-dead-at-55-diners-club-founder-and-head-lawyer.html
  4. ^ "Diners Club Review". CasinosBanking. Retrieved 2011-05-26.
  5. ^ "Diners Club: Local Sites". Diners Club International. Archived from the original on 2013-06-22. Retrieved 2013-06-30.