Money, wealth, and the idea of possession has always been of prime importance to mankind even long before we became civilized.
However, the role of money and payments increased dramatically after we started settling in one place which gave birth to the early civilizations.
The form of payments since then has seen some massive changes over the years.
In many ways, the form of payment reflects the current state of our civilization. The earliest payment method known to us is of bartering, which included simple exchange of goods or services. However, it was inaccurate, inefficient, and took a lot of time.
Our payment method saw transformations as we started living in more connected, settled, and organized manner.
That’s why we moved from barter system to the representative money (shells, gold, and silver) which soon evolved into the coins.
Original Source : Mobile Online Payments App Development