The evolution of payments took another significant leap forward with the rise of checks and the establishment of banking systems. In this chapter, we will delve into the fascinating history of checks and explore how banking systems transformed the way transactions were conducted.
In this chapter, we have explored the rise of checks and banking systems, which revolutionised the way payments were made and provided a secure and efficient means of conducting financial transactions. The evolution of banking practices and the advent of digital technologies continue to shape the landscape of payments, driving us toward a more interconnected and convenient financial future.
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