The Evolution of Payments – From Sheep to Smartphones

Post on 08-Jan-2017

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Transcript of The Evolution of Payments – From Sheep to Smartphones

The evolution of payments from sheep to smartphones

Sheep: 9,000 – 6,000 BC

Coins: 700 BC

Receipts: 600 AD

Cheques: 1659 AD

Credit Cards: 1952 AD

Internet Shopping: 1994 AD

ATM’s: 1967 AD

Virtual Currency: 1996 AD

Text Messages: 1997 AD

Contactless: 2005 AD

BANKING PAYMENT PROTECTION

Online Transactions: 2015 AD

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