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The cowry shells were first used as money, and was invented around 1200 B.C, in China, by the chinas people. -
The coins are invented in the 7th century, in Lydia by the Lydians. Lydian coins were made from a mixture of gold and silver and they were stamped with the badge of the King. -
The paper money was invented in the 11th century, in Chaina. Was first used by the Mongolian Emperor, Kubla Khan. -
The cheques was invented in 1659, in Egland, by the inventors Clayton and Morris. These are simply signed instructions to banks to pay money directly from one account into another. -
The cash registers was invented in 1879, in American saloon-bar owner James Ritty. His objective was to stop dishonest employees from stealing money. -
The credit card was invented in 1950, in New York, by Diner’s club. The credit card or ‘plastic money’, enable people to buy things or services and pay for them later by means of cash or a cheque. -
The digital money was invented in 1995, in USA, and this will probably be the money of the future