Electronic Value Exchange
Origins of the VISA Electronic Payment System
by:
David L. Stearns
in:
Economics
Summary:
The book examines the development of the VISA electronic payment system, tracing its origins from the early credit card industry to its evolution into a complex, global financial network. It explores the technological, business, and social challenges that were overcome to create the infrastructure and protocols for electronic value exchange that underpin today's electronic payment systems.
Key points:
1. Electronic Value Exchange: The book examines the evolution of electronic payment systems from early methods to today's digital networks like VISA.
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