on Jul 14th, 2008Charge Cards
Charge Cards
Western Union began issuing charge cards to its frequent customers in 1914. However, the actual concept of using a business line of credit card for paying merchants was invented by Ralph Schneider and Frank X. Macnamara in 1950. Diners Club was the first to make the general purpose building business credit card followed by American Express.
Popularity: 12% [?]
