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Towards Virtual Money: Cards, ATMs and PoS

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The Electronics Revolution

Part of the book series: Springer Praxis Books ((POPS))

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Abstract

Banking operations in themselves are reasonably simple. It is the sheer number of these transactions and the need to do them all within the same day that cause the difficulties. It was natural that the banks should look to mechanization as it became available. Despite being rather conservative by nature, these pressures meant that they were some of the earliest organizations to investigate computerization.

Money plays the largest part in determining the course of history.

Karl Marx, Communist Manifesto

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Williams, J.B. (2017). Towards Virtual Money: Cards, ATMs and PoS. In: The Electronics Revolution. Springer Praxis Books(). Springer, Cham. https://doi.org/10.1007/978-3-319-49088-5_24

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  • DOI: https://doi.org/10.1007/978-3-319-49088-5_24

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-49087-8

  • Online ISBN: 978-3-319-49088-5

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