cryptohunter
Active member
- PPF Points
- 2,323
In mid-20th century, we saw the start of electronic payments in the U.S. with credit cards like Diners Club and American Express. Moving into the '70s, ATMs and the National Automated Clearing House Association in 1974 made it possible for us to transfer funds electronically.
To keep things in check, rules like the Electronic Fund Transfer Act of 1978 and the Dodd-Frank Act in 2010 came into play, looking out for us in the world of electronic transactions
Also in the 90s, online banking and the debut of PayPal shook things up in the payment scene. Then, in the 21st century which we all are right have brought contactless payments and mobile wallets became the new cool kids on the block.
To keep things in check, rules like the Electronic Fund Transfer Act of 1978 and the Dodd-Frank Act in 2010 came into play, looking out for us in the world of electronic transactions
Also in the 90s, online banking and the debut of PayPal shook things up in the payment scene. Then, in the 21st century which we all are right have brought contactless payments and mobile wallets became the new cool kids on the block.
