How Credit Card Payments Worked in the 1950s–1970s | Evolution of Payments Flow
Автор: Breaking Fraud
Загружено: 2025-04-06
Просмотров: 90
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💳 Ever wondered how credit card payments worked before the internet or modern computers?
In this video, we break down the step-by-step flow of credit card transactions from the 1950s to the 1970s. You'll learn:
What data was captured during a transaction
How information was processed across banks and networks
The different types of reconciliation
And why innovation was inevitable as volume grew
🧾 Discover how banks, merchants, and early card networks navigated massive operational challenges—long before automation, cloud systems, or real-time processing.
📖 Want to dive deeper? Read the full post here:
https://breakingfraud.substack.com/p/12-cr...
Follow our series at https://breakingfraud.substack.com
We're diving deep into real-world strategies, trends, and case studies in our "Breaking Fraud" series.
👍 Like, comment, and subscribe to stay updated on upcoming videos in this educational series.
🎥 Whether you're into fintech, payments history, fraud prevention or curious how things work, this is a journey worth taking.
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