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10,000 BCE
Bartering
Early man exchanges resources and services for the benefit of each party. -
9000 BCE
Livestock
Animal are considered the oldest form of currency, with livestock such as camels, sheep, and cows being the most commonly used. -
3000 BCE
The Shekel
Grain in used as currency in Mesopotamia using a shekel as a measurement of weight. The shakel later envolves into an equivalenr to silver, bronze, and copper -
1200 BCE
Shell money
Shell money is first used in China. Societies off the coast of the Pacific and Indian Oceans embrace cowrie shells as popular currency. -
1000 BCE
Crude Metal Coins
Coins made from base metals first appear in China. However, the metals are non-precious, making them difficult to use for more expensive purchases -
700 BCE
Precious metal coins
Gold and silver coins are first used in ancient Lidianand coastal Greek cities. The profiles of gods and emperors are stamped into the metal. -
118 BCE
Leather money
1-food square pieces of white deerskin are used. This form of leather currency could be considered the first document type of banknote. -
806
Paper money
Paper backnotes first appear in China , though the first widely accepted paper money doesn´t appear in Chian until around 960.This is followed by centuries of figuring out the balance of production and inflation, until paper money in China dissappears in 1455 for several hundred years. -
Gold
Though it is certaintly not the first time the element is part of a payment system, gold is officially the standard of value in England. -
Gold-Backed, U.S Dollar
The federal reserve System is created in the U.S, establishing a central bank as well as gold-backed federal reserve notes. -
Charge Cards
Deparment stores, hotels chains, and service stations start providing charge cards to customers with cars so they don´thave travel to their hometown back to get cash. -
Credit Cards
Diners Club relases its first card. It´s made of cardboard and can be used in more than 20 restaurants in New York city. -
U.S Dollar
The United States officially goes off the gold standard. -
Online Shopping
Though the official debout of online shopping is debated, one of the first documented internet purchasses. -
Mobile Payments
M-commerce is introduced when Coca-Cola sets up several vending machines that cab accept payment via text message.