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On-street cashier takes you through the history of payment development

On-streetcashiertakesyouthroughthehistoryofpaymentdevelopment

With the rapid development of electronic information technology today, the era of cell phone payment has also quietly arrived. The days when you had to bring a lot of cash with you when you went out have long since become history, and now you can pay wherever you go with a cell phone in your hand.

The first was the credit coin.best payment gateway In ancient times, when people used to barter for goods, but because of the limitations of the type of exchange, people had to find something that they felt had exchange value to exchange, such as: crystals, plumes, shells and so on. With the development, the shells finally became the most primitive loan coins, people also began a long history of the evolution of payment methods.

Then came the copper coins. As the need to buy and sell coins continued to increase, the shells could not meet the needs of the people at that time. Therefore, people began to mint coins by human power, but because the coins of each country were different, it caused a lot of inconveniences in buying and selling. It was not until the Qin Dynasty unified the credit coins that everyone officially started to use copper coins as the unified credit coins for buying and selling transactions.

Next came the crosses. At that time, during the Northern Song Dynasty, China was highly centralized and dictatorial, and there were several credit areas in the country, plus the Song Dynasty government was often attacked by the invasion of Liao, Xia and Jin, and the military expenses were particularly high, so it was necessary to issue banknotes to fill the fiscal deficit.

Understanding the savings card. Debit cards were introduced in the United States in the early 20th century, before World War I. In 1910, Sears began offering lines of credit to customers who could repay their debts in order rapid 3d prototypingto meet customer demand. A decade later, some major retailers began publishing merchant cards, creating billing accounts that allowed cardholders to pay their bills in monthly installments. Again in 1985, the Bank of China Zhuhai Branch issued China's first BOC card and thus the savings card business began to grow rapidly.

Electronic cell phone payment. Into the 21st century, with the rapid development of the Internet and a large number of popular smart phones, e-commerce slowly replaced shopping on the street, offline transactions developed to network transactions, the traditional online banking payments became online payments, WeChat and Alipay these kinds of payment methods have long spread to the streets and alleys, when you go out to be able to go without a money clip, only need to bring a cell phone. From hotels,container shopping malls, to automatic beverage machines, you only need to move your finger to scan the QR code with your phone to complete the payment.

This is the history of the development of payment methods, from the occurrence of recorded credit coins to the popularity of cell phone payments today. However, the evolution of payment methods does not end here.