McNamara

Do you know the history of credit cards? Credit cards were first used in the United States in the 1920s, and companies such as oil companies and chain hotels began to bring out credit cards in oder to make purchases possible at branches. Credit cards have increased since the World War II. However, it is because of the company, diners club in 1950 that credit cards became available at various merchants like today. The person who created this company was McNamara, He was the first man who made the card, Diners. The motive for this was that one day he had to pay for his meal at the restaurant but he had no wallet. He had to call his wife, make her pay the price, and leave the restaurant. At this point, he thought that he wanted a restaurant that could eat without money. So he invented the card. The restaurants using this card began to flourish. So his invention became the basis for forming credit culture globally. Through this story, we can see that wisdom comes from experience and it becomes a precious thing that changes history.

 

Q)Have you ever created some ideas from your experiences? If then, tell me the ideas from experiences in life.