-
400 BCE
-400 A.C. Barter
It consisted of exchanging an object or service for another good. Barter was what allowed the first human settlements to take the next step and grow until they became proven, it gained strength when the first productive surpluses emerged in the communities as a method to improve their efficiency. -
300 BCE
Metallic coins
The first metallic coins emerged in Asia Minor, in the 8th century BC. Due to the Lydian king, it was proposed to simplify the collection of posts and their storage. Thus, he would have replaced products such as cattle, wheat or wood, which his people paid him, for their equivalent in coins made with a mixture of gold and silver. Metallic coins may have arisen elsewhere a long time ago. -
9
Paper money in China
In China, the first banknote manufactured was made in the 7th century during the Tang dynasty, which was the golden age of Chinese literature. In 1310 during the reign of Tai Zai, paper money was implanted throughout China and transactions with silver or gold were put aside but this did not have much success in China, gradually paper money was introduced in all areas of the Ming dynasty and Qing (XIV-XX century). -
1139
Florence mints silver florins
Florence mints silver florins (gold ones were minted in 1252) -
1250
European paper money
The first European banknotes were made in Sweden in 1661. They were printed by the money changer johan palmstruch, and I safeguarded them for those who deposited gold or silver in the stock bank that he founded.
They arrived in Spain in 1780, during the reign of Carlos III. So it was not necessary to carry a bag full of more striking coins. -
1250
European paper money
The first banknotes were made in Europe. their debut materialized in the Iberian peninsula during the siege of the Moors in 1483. Until today, it has not been possible to find a single sample that allows us to know how they were physically about 300 years after the discovery of Marco Polo, a Swedish ship issued in 1661, the first banknotes destined to circulate regularly in Europe. -
1301
Bills of exchange or written money orders.
payable by a certain person in a certain place. they were issued or medieval bills of exchange, in different demoninations. Gives incredible vigor to international trade. -
Check creation
GoldSmith, at the end of the year 1300, instead of money, certificates or bonds issued by banks, antecedents of the modern check, circulated instead of money. Such documents were actually received or guarded delivered by the banker to his client, documents issued by the Venetian bankers to prove the constitution of money deposits and facilitate their withdrawal. -
Paper money in North America.
The dollar is the official currency of the United States, and the name used by the currency is usually associated with the legal circulation in that country, which is why it is also known as the United States dollar. -
Cardboard cards
1914, when the western union issued the first consumer credit card war. These first cards were awarded to the company's preferred customers and offered them a variety of special services, including deferred payment free of charge. But it wasn't until 1950, when the diners club card was introduced, that a single credit card was accepted by a variety of merchants. -
ELECTRONIC TRANSACTIONS
By 1965, the Bank of America had entered into licensing agreements with a group of banks outside of California, allowing BankAmericard to be issued. Another group of banks in Illinois, the East Coast of the United States, and California, came together to form Master Charge. By 1970, more than 1,400 banks offered BankAmericard or Master Charge cards, and the total balance of the cards would have reached US $ 3.8 billion.
