Business: Charge It, Please

Unlike other mortals, the 42,000 members of the Diners' Club need never pay he waiter when they wind up a spirited evening on the town. They simply sign the check, get billed once a month. Last month the club, run by Frank McNamara, a 35-year-old credit specialist, handled the checks for more than $500,000 worth of members' restaurant and hotel bills from 330 U.S. establishments. Last week, as the Diners' Club got ready to celebrate its first birthday, it enlarged its service. Club members, who can already charge food, drink, rented cars and hotel rooms, can now put flowers on the...

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