✓ How Payments Went Digital: A Brief History of Payment Systems

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You reach for your wallet and pull out a credit or debit card as the case may be, tapping it on the payment terminal to complete your purchase. In that instant, you've participated in a technological and financial revolution that has fundamentally changed commerce. Not that long ago, payments were made exclusively with cash and checks, a slow and inefficient system. Today, electronic payments have become ubiquitous, from online shopping to peer-to-peer money transfers.
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How did we get here? How did payments go digital? It was not an overnight transformation but rather the result of steady progress over decades. Visionary thinkers and disruptive technologies bu…

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