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The euro (EUR or €) is the currency used by the institutions of the European Union (EU), as well as the official currency of the eurozone, made up of 20 of the 27 EU member states: Germany, Austria, Belgium, Cyprus , Croatia, Slovakia, Slovenia, Spain, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands and Portugal. -
Electronic money (also known as e-money, electronic cash, electronic currency, digital money, digital cash or digital currency) refers to money that is either issued electronically, through the use of a computer network , Internet, or it is an equivalent digital means of payment of a certain currency,1 as in the case of Ecuador2 or Peru3 Electronic funds transfers, direct deposits and bank drafts are examples of electronic money. -
Was first used in the 11th century by the Mongolian Emperor,
Kubla Khan, in China. European banknotes appeared in 1661 and were issued in Stockholm, Sweden. Paper money is a country's official, paper currency that is circulated for the transactions involved in acquiring goods and services.
The printing of paper money is typically regulated by a country's central bank or treasury in order to keep the flow of funds in line with monetary policy. -
The credit card is a material bank identification instrument, which can be a plastic card with a magnetic stripe, a microchip and an embossed number. It is issued by a bank or financial entity that authorizes the person in whose favor it is issued to use it as a means of payment in businesses adhering to the system, by signing and displaying the card. -
A cash register is a unit, mechanical or electronic, designed to perform the calculation and billing of a customer's purchase. These devices have an integrated drawer to store money and usually when closed, the commercial transaction is terminated. -
A check is an accounting document that is a payment right in which the person who is authorized to withdraw money from an account, extends to another person an authorization to withdraw a certain amount of money from his account, which is expressed in the document, regardless of the presence of the bank account holder. -
Long before our era the cowry shell was used as a means of payment and regarded as a symbol of wealth and power. This monetary usage continued until the 20th century. -
Were made in Lydia, they created the lydians in present day Turkey, in the 7th century BC .
The first coins found were in modern-day Turkey. The Oldest Coin in the World.
Created over 2,700 years ago, but now located in the British Museum, is the Lydian Lion, the oldest coin in the world.