The first credit card was made of celluloid
In 1950, the Diners Club card, made of celluloid, revolutionized payments by offering the world's first general-purpose plastic credit card, forever changing how we transact.
Imagine forgetting your wallet and inventing a solution! That's what businessman Frank McNamara did in 1950, leading to the Diners Club card. This pioneering payment method, crafted from celluloid plastic, allowed users to charge meals at 27 New York City eateries and settle monthly. It quickly gained 200 members, each paying an $11 annual fee.
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