Which organization was responsible for the first corporate card in the U.S.?

Diners Club International is recognized as the first organization to introduce a corporate card in the U.S. This innovative product was launched in 1950, fundamentally transforming business expenses and travel spending for companies. The introduction of the corporate card allowed businesses to streamline their purchasing processes, simplifying the reimbursement of employees and providing greater control over travel and entertainment expenses.

Diners Club's corporate card emphasized facilitating business-related transactions, making it a significant advancement in business finance. This early innovation paved the way for other companies in the industry, such as MasterCard, Visa, and American Express, to develop their own corporate card offerings later on. Each of these organizations eventually contributed to the evolution of corporate purchasing solutions, but Diners Club International holds the distinction of being the first to make this concept a reality in the U.S.